Sama Airlines says it is passing on fuel price cuts to its passengers – CEO.
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KSA trade slow to book Sama
Low cost carrier (LCC) Sama claims Saudi Arabia-based travel agents have been slow to book tickets with the airline, particularly online.
Sama finds new CEO
Saudi Arabian low cost carrier, Sama, has appointed a new CEO.
Sama eyeing more Mid-east passengers
Low-fares airline Sama will secure licences to carry passengers outside Saudi Arabia by 2008, according to its chief executive.
Sama Airlines announces free ticket promotion
Low cost Saudi carrier offers buy one ticket, get one free offer on selected flights.
Saudi Sama airline to stop services after $266m loss
Saudi Arabian low-cost carrier plans to stop its services from Sunday, after SR1bn loss.
Sama looks set to soar
HRH Prince Bandar bin Khalid al Faisal, founder and chairman of Saudi Arabian low-fares carrier Sama, discusses the challenges of running the business with ATN’s Gemma Greenwood.
Sama surprised by online sales
One of Saudi Arabia’s two new low cost carriers (LCCs) Sama has been taken aback by the number of bookings being made online.
Saudi low-cost airline Sama looks to double fleet
Bahrain Air deal links Dammam and Manama networks serving 36 destinations.
New chief in for Sama
Farid Mohammad Saadi Al Rais has been appointed chief director of operations for Sama Contracting.
New LCC launch Sama signs MRO contract
Saudi Arabia-based low cost carrier Sama, recently awarded a licence to begin operations, signed a deal last month with an engineering and maintenance company for APU (auxiliary power unit) repair, overhaul and spares support
Sama Airlines to buy 20 new aircraft in next four years
Saudi low-cost carrier says new planes will come from Boeing or Airbus.
Brand View
Resecurity’s cyber threat intelligence for SAMA compliance protects Saudi’s financial services sector
Cyber threat intelligence has become mandatory for financial institutions in the Saudi Arabia to achieve SAMA Cybersecurity Framework Compliance
Murray and Roberts-Nass lose $545mn on Sama
UPDATE 1: Joint venture to build hotel resort for Sama Dubai gets cancelled.
Sama Dubai halts work in Morocco, Oman – officials
Sama pulls out of Morocco’s Amwaj project; halts work on Oman’s Salam Yiti.
Sama boosts financing to fight soaring fuel price
Saudi budget airline shareholders approve $53.3mn in further financing.
Sama shows interest in Saudi development
Sama Dubai is expected to invest over US $533 million (SR2 billion) in the tourism and real estate sectors in Riyadh, according to Asharq Al Awsat.
Aleppo
Syrian documentary ‘For Sama’ wins best documentary at Cannes film festival
‘For Sama’ is a kind of letter to the little girl, explaining how she was born into the conflict and what happened to her home
Sama Dubai in $14bn Tunisia venture
Sheikh Mohammed inaugurates joint real estate development between Sama and Tunisian government.
Sama Dubai-EC Harris form PM joint venture
Developer Sama Dubai and real estate consultancy EC Harris have set up a joint project management company.
Sama launches frequent flyer programme
Travellers offered one free trip for every nine taken.
Luxury brand from Sama Dubai
Salem Resort and Spas, a new brand from Sama Dubai, is aiming to develop some of the finest integrated, luxury resorts in the world.
Sama will fly to Egypt
Saudi Arabia’s newest budget carrier is launching a new route to Alexandria, increasing its international destinations to eight.
AI
Qatar Airways launches holographic virtual cabin crew Sama 2.0
Qatar Airways introduces AI-powered virtual cabin crew to support passengers
Sama announces new routes and aircraft
KSA low cost carrier adds six new destinations.
SAMA
SAMA to implement Basel III reforms in Saudi banks from 2023
The reforms, issued by the Basel Committee in December 2017, are intended to reduce reliance on the internal ratings-based approach by banks
Sama signs deal for aircraft fleet repairs
Lufthansa Technik wins contract to maintain, repair, overhaul Saudi carrier’s Boeing aircraft until 2016.
crowdfunding
Saudi Arabia’s SAMA updates crowdfunding rules with new disclosure norms and and increased financing capabilities
The rule update is part of SAMA’s efforts to develop the finance sector in general and enable the fintech sector in particular
Troubled Saudi carrier Sama lays off employees
Talks with gov’t fail to yield a commitment to support the loss-making company.
Saudi’s Sama adds new routes
The kingdom’s low-cost carrier gets a boost with a sixth destination added to its growing list of routes.
Sama celebrates delayed first flight to Abha
Saudi Arabian carrier completes its virgin flight from Dammam to Abha following dealy.
Sama CEO says an end to flights was ‘only option’
Decision to stop flying ‘not taken lightly’, services to end on Tues – statement.
Sama heads to Beirut and Aleppo
The low cost carrier now serves 19 cities Middle East wide.
Gulf airline slashes domestic flights
Kingdom’s largest airline cuts routes by 50% at behest of aviation regulator to allow rivals to expand.
SAMA calls for steps to tackle growing public debt
The Saudi Arabian Monetary Agency (SAMA) has highlighted the importance of curbing the Kingdom’s growing public debt (US$173 billion), which has impeded economic growth and threatens the country’s development and investment projects.
General Authority for Statistics Saudi Arabia
Saudi Arabia’s inflation ‘within reasonable levels:’ SAMA
In August, the Kingdom’s consumer price index (CPI) was up 3 percent, showing an accelerating rise from 2.7 percent increase in July
financial institutions
Wally Global Arabia, Istishraf Al-Bayanat among new companies approved by SAMA for open banking solutions
The latest approvals take the total number of permitted firms operating under SAMA’s Regulatory Sandbox to 42
Sama scaling back expansion as fuel costs bite
Saudi’s newest budget carrier may cut fleet order plans in face of $135 oil, CEO says.
Sama welcomes financial boost
LCC receives SR200 million shareholder cash injection.
KSA startup carrier pledges ‘low fares’
Sama, Saudi Arabia’s first independent scheduled airline, aims to begin flights in Summer of this year.
Acquisitions and Divestitures
Dubai Properties and Sama Dubai merger denied
Top executive says no merger, but back office operations have been consolidated.
SAMA struggles to spur credit amid crisis
Saudi moves to stave off bank lending crisis by rate cutting unlikely to be enough.
Turbulent times
Andrew Cowen of budget carrier Sama on how Middle Eastern airlines will fare in the coming months.
Counting the costs
Saudi budget carrier Sama Airlines is determined to continue its expansion across the Gulf.
Saudi promises cheap fuel for new airlines
Saudi Arabia has promised to offer discounted jet fuel to foreign airlines setting up in the domestic market
Aviation
Gulf airlines could enter Saudi domestic market
Shoura Council recommends study on allowing regional airlines to fly domestic routes
Tourism to be Saudi’s biggest employer by 2020 – SAMA
Nearly 1.8m people will work in tourism by 2020 – almost triple the number in 2011
Saudi’s NAS airline to break even in 2011
Airline to add three new routes to India and is expecting 2.6m passengers this year.
SAMA interest rates step into line with US
Saudi Arabian Monetary Agency raises interest rate to close gap with US.
Sama launches charter service to Abu Dhabi
Service marks first time KSA-based carrier has operated internationally.
Four Sama Dubai execs arrested – report
Lagoons CEO Abdulsalam Almarri among those quizzed as probe continues.
Emirates Airline
Most punctual airlines revealed: Etihad and Emirates in top 10
Airline analysis has revealed Etihad is the most punctual airlines in the Middle East
Coronavirus Saudi Arabia
SAMA to extend Covid-19 support programme for micro and SME businesses through 2023
Saudi Central Bank’s Guaranteed Finance programme has handed out SR11bn since its inception in 2020
Sama Dubai reviews projects amid global crisis
Real estate division of Dubai Holding says no decision has been taken regarding job cuts.