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“Net celebrity” check-in point livens up in Saudi Arabia.

Adam Layaan Kurik Riza

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As the heat of a searing summer comes in, Saudi Arabia starts to see a 40 C-plus temperature in the daytime.

In the present day many shopping centers in the capital Riyadh have prolonged their business hours to late night in order to increase nighttime economy.

Let us explore a “net celebrity” check-in point in Riyadh, an open-style mall which is equipped with cinemas, cafes, restaurants and many more.

 

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Agreement to explore hydrogen-powered flights have been signed by Icelandair.

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Icelandair has signed two Letters of Intent (LOI) on exploring the possibilities for decarbonizing the company’s domestic flights.

California-based Universal Hydrogen is the first to have signed the LOI with Icelandair, which has designed a hydrogen conversion kit for regional aircraft allowing for the conversion of Icelandair’s Dash-8s to hydrogen powered aircraft.

Icelandair Group also signed an LOI  with Heart Aerospace, a Swedish company which aims to electrify regional air travel.

Before, Icelandair has worked with Heart Aerospace for some time and will now start an in-depth analysis with Universal Hydrogen.

Jens Thordarson, Icelandair Chief Operating Officer, said: “We believe we are in a good position to become one of the world’s first airlines to fully decarbonize our domestic network. Heart Aerospace and Universal Hydrogen have introduced exciting solutions for regional aviation that are expected to be available in only a few years.”

“As technology advances, we hope to be able to use the experience of decarbonizing our domestic services to accelerate the implementation of carbon neutral energy to power our international flights.”

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Decline of Gold and Silver prices on MCX for second time in a row.

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A fall in the price of gold by Rs 71 or 0.15 per cent have been observed, gold futures maturing on August 5 stand at Rs 47,575 per 10 grams on the Multi Commodity Exchange (MCX).

In the meantime, silver futures maturing on September 3 stand at Rs 67,487 per kg, observing a small dip of Rs 3. Both precious metals are trading slightly on the lower side for the second time in a row.

Yesterday, while gold futures stood at Rs 47,500 per 10 grams on the domestic market, silver was at Rs 67,037 per kg, recording a downfall of Rs 11 or 0.02 per cent.

International prices are significant in calculating gold and silver prices. The prices of gold and silver are calculated by keeping international prices as a basis, in India. Other factors like the USD to INR conversion rate, the supply and demand of gold and silver in MCX trading also play a significant role in determining the prices of gold and silver.

According to Reuters, gold prices edged lower on Friday, heading for their first weekly decline in five, as a stronger dollar made bullion more expensive for holders of other currencies and offset support from lower U.S. bond yields and weak economic data.

Spot gold was down 0.2 per cent at $1,803.33 per ounce, as of 0314 GMT. Bullion is down 0.4 per cent this week. U.S. gold futures fell 0.1 per cent to $1,803.90.

DailyFX currency strategist Ilya Spivak said, “Gold being a go to alternative for paper currency and with seeing the dollar bit higher is the catalyst that nudging gold back.”

The dollar index held close to a 3-1/2-month peak against its rival and was heading for its second straight weekly rise. Silver slipped 0.5 per cent to $25.34 per ounce and was set for its third weekly fall.

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The finalists for the Agent Achievements Awards have been unveiled.

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The final nominations for the 2021 Travel Weekly Agent Achievement Awards have been revealed.

The final qualifiers comprise of a variety of agencies across the UK and Ireland designated by almost 100 suppliers ranging from tour operators and airlines to cruise lines and tourist boards.

Four individual nominees also celebrate almost 30 travel agents, managers and support staff who were put forward by their colleagues for their outstanding efforts during the Covid-19 pandemic.

The Agent Achievement Awards will take place at London’s Park Plaza Westminster hotel on September 16, in association with headline sponsor Virgin Atlantic.

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