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Outgoing CEO’s resignation comes a day after the sale of a part of his promoter stake through a block deal.

A tourist visa initiative, long in the making, is set for a year-end rollout. This could foster new levels of regional cooperation across the GCC.
Gone are the days of ramshackle buses and spotty schedules. Startups now offer a viable alternative to rail and air travel. But the real test lies ahead as they are only getting started.
The online travel aggregator’s growth struggles get worse, even as it announces worryingly pointless acquisitions instead of setting its house in order. There’s no respite for its public shareholders.