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Investment

Leonardo Expands with Ninth Hotel in Italy: New Boutique Hotel Opens in the Heart of Ancient Rome

The hotel chain strengthens its presence in the Italian market with the opening of Leonardo Boutique Hotel Rome Monti, its ninth property in Italy. Yoram Biton, CEO of Leonardo Hotels Central Europe: “We are not only strengthening our presence in Rome but also continuing our strategic investment in developing the Italian market.”

With an Investment of 3.6 Million Euros: Cyprus Airports Will Become Greener

New electric power units will be installed at Larnaca and Paphos airports aimed at reducing carbon dioxide emissions and improving energy efficiency

In The Presence of Leading Worldwide Investors: HOTCO - The Prestigious Hotel Investment Conference Launched in Vienna

The important and leading conference focuses on hot spots for hotel development in Central and Eastern Europe and beyond. Among the important trends presented: Albania as a tourist destination with the launch of direct flights to Tel Aviv and a significant increase in tourism to Austria

40 New Planes, €1 Billion Investment: Lufthansa Group Airline Modernizes Fleet

Eurowings is set to upgrade its fleet with 40 state-of-the-art Boeing 737-8 MAX aircraft, aiming to drastically cut carbon emissions while enhancing the passenger experience

200 New Boeing Planes with an Investment of About 36 Billion Dollars: The Low-Cost Company Makes History

Pegasus Airlines, the Turkish airline, signed a new order agreement with Boeing to further strengthen its fleet in line with its growth targets. The aircraft deliveries are planned to join the company's fleet starting from 2028. CEO of the company: "Working tirelessly to reach new heights and achieve the goal of 100 million visitors and 100 billion dollars."

Air France-KLM Group Expands Operations in Gulf Powerhouse: Launches New Direct Route from Paris - Business Ties Will Strengthen

Three airlines, Air France Group, KLM will simultaneously operate flights to Saudi Arabia. Air France-KLM CEO, Benjamin Smith: "Saudi Arabia is quickly becoming a leading global destination and strategic gateway. We are excited to expand our routes to strengthen existing connections."

With an Investment of £2.3 Billion: London Heathrow Airport Gets an Upgrade

The new investment plan, which is a significant increase over the original plan, will improve punctuality of take-offs and landings, baggage delivery, passenger services, and sustainability, driving economic growth across the UK

Another Rise in Incoming Tourism to Cyprus: More Than 10% of All Tourists Are from Israel

Almost 4 million tourists visited from January 2024 until November 30. The neighboring island explains that this rise reflects not only the geographical proximity and natural attractiveness of the island but also the ongoing investment in infrastructure, marketing, and improved visitor experiences

Better Late: Approval of Additional 545 Million Shekels for Israeli Public Diplomacy Worldwide

The government unanimously approved the addition of this sum to the Ministry of Foreign Affairs to strengthen public diplomacy on the international stage. Foreign Minister: "Every shekel dedicated to this purpose is an investment, not an expense, and it will strengthen Israel and its position in the world."

United Airlines Invests in Battery Maker Natron Energy

Natron Energy's batteries are considered to have high performance compared to lithium batteries in terms of charging speed and safety. United becomes the first major airline to invest in a battery manufacturer

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