Skyscanner’s tip and tricks for the Saudi traveler

Mauritius is one of the top destinations with the biggest drop in average flight prices over the last year.
Updated 21 January 2019

Skyscanner’s tip and tricks for the Saudi traveler

Travel search site and app Skyscanner has compiled data out of Saudi Arabia from the past year to list together the best tips and tricks that will help the Saudi traveler make smart choices in holiday bookings in 2019.

Fly on a Thursday 

Over the last year, Skyscanner flight data has shown that the cheapest day of the week to fly out of Saudi Arabia is a Thursday, with Saturday being the most expensive. Travelers could save on average 10 percent by switching from a Saturday departure day to a Thursday departure day. Skyscanner’s Month View search tool can help to find the cheapest flights for their destination.

Book flights on a Tuesday

Skyscanner data shows that Tuesdays tend to be the best day to jump online to book a cheap flight, whereas Wednesdays tend to be the most expensive day to book a flight. The jump between the two is not huge though — only 1.5 percent.

Avoid the rush

Friday Aug. 16 was the busiest day for outbound flights from Saudi Ara bia in 2018 and typically Friday is the busiest day for travel, whereas Monday is the quietest.

Best value destinations

Cairo and Istanbul led the way for most popular destinations from Saudi Arabia in 2018. The top destinations with the biggest drop in average flight prices over the last year include: Mauritius, Bucharest, Vancouver, Sarajevo, Bosnia and Herzegovina, Goa, Ankara, Jizan, Bengaluru, Tbilisi and Varanasi.

Consider a nearby airport

Travelers from Saudi Arabia should also consider flying out of a different airport nearby to save money. Travelers just need to click on “add nearby airports” when creating a search on Skyscanner and see if a short drive, bus or train journey could save them money.

Ma’aden acquisition supports Vision 2030

Updated 24 April 2019

Ma’aden acquisition supports Vision 2030

The acquisition of an African fertilizer distribution company by Ma’aden, the largest Saudi mining company, will advance Ma’aden’s Strategy 2025, which includes plans to expand operations in the Kingdom and grow sales globally. The acquisition will also support Saudi Arabia’s Vision 2030, which seeks to diversify the economy, increase non-oil exports, boost the Kingdom’s non-oil GDP, and reinforce the mining sector as the third pillar of Saudi industry, after oil and gas and petrochemicals. 

Ma’aden will make its first international acquisition with the purchase of the Mauritius-based Meridian Group, which is due to be completed by September for an undisclosed fee.

The publicly-listed Saudi mining company will acquire an 85 percent stake in the company in an all-cash deal that will provide one of the Middle East’s largest phosphate producers with 3,000 staff and a network of operations across southern Africa, from Malawi to Mozambique, Zimbabwe and Zambia. Phosphate is used to produce fertilizer that is essential in replacing the phosphorous mineral that is removed from soil when agricultural crops are harvested. 

“This acquisition marks a very important step in Ma’aden’s strategy to build global distribution channels for our fertilizer products,” said Darren Davis, president and chief executive of Ma’aden. “As we continue to build one of the largest producers and exporters of phosphate fertilizers in the world, ensuring an efficient route to key growth markets is critical to our success.” 

Agriculture forms a significant portion of the economies of all African countries. As a sector, it can therefore contribute to major continental priorities, such as eradicating poverty and hunger. The agri industry can also boost intra-Africa trade and investments, rapid industrialization and economic diversification, sustainable resource and environmental management, and create jobs, human security and shared prosperity.

The Southeast African market, like most of the African continent of 1 billion people, is experiencing increased demand for phosphate fertilizers which industry analysts expect to continue growing by 5 percent annually over the next decade, fueled by population growth and increasing education in the use of fertilizers.

“Ma’aden is acquiring unparalleled access to complementary distribution, blending and product-development capabilities in this fast-growth region,” said Hassan Al-Ali, Ma’aden’s senior vice president for phosphate. “This transaction will provide us with logistics advantages in Southeast Africa, and greater knowledge of on-the-ground customer requirements, both of which will be instrumental in better serving our customers.”

The Saudi global mining giant will secure the remaining 15 percent of Meridian’s equity over four years on agreed terms linked to the performance of the African company, which distributes approximately half-a-million tons of fertilizer through its network of granulation and blending plants, warehousing complexes and port facilities. 

HSBC acted as Ma’aden’s financial adviser on the deal and Baker McKenzie was the Saudi company’s legal adviser for this acquisition.