Saudia marks launch of direct flights to Thailand

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Updated 28 February 2022
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Saudia marks launch of direct flights to Thailand

  • The first flight took off on Monday from Jeddah
  • The move came after Riyadh and Bangkok turned a new page in their relationship with a restoration of full diplomatic ties

JEDDAH: Thailand is preparing for more tourist arrivals from Saudi Arabia following the launch of direct flights to the southeast Asian country, with three a week from Jeddah and Riyadh.

The first flight took off on Monday from Jeddah, almost three decades after all direct flights to Thailand were suspended due to downgraded diplomatic ties between the two nations.

The launch of the new flights was celebrated during a special ceremony — attended by Thai Consul General in Jeddah Soradjak Puranasamriddhi — in carrier Saudia’s international lounge (Alfursan) at King Abdulaziz International Airport in Jeddah.

The move came after Riyadh and Bangkok turned a new page in their relationship with a restoration of full diplomatic ties and a planned exchange of ambassadors following Thai Prime Minister Prayut Chan-o-cha’s official state visit to the Saudi capital last month.

Speaking at the launch ceremony, Essam Akhobany, vice president of marketing and product management at Saudia, welcomed the new route.

He said: “We at Saudia are proud to open a new chapter in the recently strengthened bilateral relations between the kingdoms of Saudi Arabia and Thailand. The launch of this new route builds on our already strong operational footprint in Asia and will provide greater connectivity and convenience for guests.

“I would like to take this opportunity to thank the leadership of both nations for enabling Saudia to become a bridge between our great kingdoms. We look forward to welcoming guests from Thailand to Saudi Arabia as we continue to serve as the wings of Vision 2030,” he added.

Saudia recently announced the launch of 10 new destinations with direct flights, namely Bangkok, Chicago, Barcelona, Malaga, Marrakesh, Moscow, Beijing, Seoul, Amsterdam, and Entebbe.

The launch event included an exchange of gifts between both countries and a ribbon-cutting ceremony at the gate of the Bangkok flight.


Closing Bell: Saudi main index closes in red at 10,847

Updated 25 February 2026
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Closing Bell: Saudi main index closes in red at 10,847

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 58.51 points, or 0.54 percent, to close at 10,847.93.

The total trading turnover of the benchmark index was SR3.78 billion ($1 billion), as 73 of the listed stocks advanced, while 187 retreated.

The MSCI Tadawul Index decreased, down 7.09 points or 0.48 percent, to close at 1,472.98.

The Kingdom’s parallel market Nomu lost 178.75 points, or 0.77 percent, to close at 22,916.83. This comes as 30 of the listed stocks advanced, while 37 retreated.

The best-performing stock was the Power and Water Utility Co. for Jubail and Yanbu, with its share price surging by 8.47 percent to SR31.24.

Other top performers included Saudi Paper Manufacturing Co., which saw its share price rise by 6.13 percent to SR53.70, and Jamjoom Pharmaceuticals Factory Co., which saw a 4.58 percent increase to SR137.

On the downside, the worst performer of the day was CHUBB Arabia Cooperative Insurance Co., whose share price fell by 5.14 percent to SR17.53.

Saudi Kayan Petrochemical Co. and Arabian Internet and Communications Services Co. also saw declines, with their shares dropping by 4.87 percent and 4.43 percent to SR4.88 and SR181.40, respectively.

On the announcement front, Saudi Kayan Petrochemical Co. announced its annual financial results for 2025, with sales dropping 3.06 percent year-on-year to SR8.45 billion. The company also recorded a net loss of SR893.86 million.

In a Tadawul statement, the company said the net loss and decline in annual sales were driven by a drop in average selling prices, despite higher sales volumes.