Rajasthan Signs Hospitality MoUs in Saudi Arabia, Expanding

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Rajasthan Signs Hospitality MoUs in Saudi Arabia, Expanding Investment Prospects

By Nithyakala Neelakandan

Published on November 11, 2024

The Rajasthan Government has extended an invitation to Saudi Arabia to participate as a partner country in the upcoming ‘Rising Rajasthan Global Investment Summit 2024.’ This high-level engagement, led by Minister of State for Industry and Commerce K.K. Vishnoi, marks an important step in strengthening economic ties between Rajasthan and Saudi Arabia. The summit, scheduled for December, aims to attract significant investment into the state across various sectors.

During a recent roadshow in Saudi Arabia, the Rajasthan delegation signed two key Memorandums of Understanding (MoUs) focused on hospitality. These MoUs were signed with Riyadh-based Swiss Hospitality Company and Jeddah-based C Ventures. Both companies are expected to play critical roles in boosting Rajasthan’s hospitality and tourism landscape. Swiss Hospitality Company specializes in advisory services, project management, and community engagement, while C Ventures focuses on consulting and fostering entrepreneurship through community-building programs.

Highlighting Saudi Arabia’s influence in key sectors such as petrochemicals, renewable energy, real estate, and engineering, Minister Vishnoi shared that “Saudi Arabia is one of the largest economies in West Asia and home to major business groups, which are essential to Rajasthan’s growth.” These meetings also underscored Rajasthan’s recent policy reforms, designed to make the state an attractive investment destination.

In addition to the hospitality agreements, the delegation engaged in productive discussions with several major Saudi companies, including Alfanar Projects, which expressed interest in Rajasthan’s renewable energy sector. Talks were also held with Al-Jomaih Group, Saudi Basic Industries Corporation (SABIC), ACWA Power, and Lulu Saudi HyperMarket, with each company exploring potential investment opportunities across industries from retail to energy.

The delegation emphasized Rajasthan’s unique advantages, such as its abundant natural resources, proximity to the national capital, and supportive policies under the leadership of Chief Minister Bhajan Lal Sharma. “Rajasthan offers a wealth of resources, a pro-business climate, and a wide range of incentives that make it a compelling destination for investors,” noted Secretary of Finance (Expenditure), Naveen Jain, during his presentation to Saudi investors.

The government’s investment roadshows have included key international markets such as the United Kingdom, Germany, Japan, UAE, and Singapore, as well as domestic engagements in Mumbai and New Delhi. These efforts have so far generated investment proposals totaling over INR 18 lakh crore, reflecting strong interest from the global business community in Rajasthan’s development potential.

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Etihad and Vietnam Airlines Announce New Codeshare and Loyalty Partnership

By Manu Vardhan Kannan

Published on November 23, 2025

Etihad Airways and Vietnam Airlines have taken their partnership forward with the launch of a new codeshare agreement. This move builds on Etihad’s recently introduced Abu Dhabi–Hanoi service, creating smoother travel options between the UAE and Vietnam.

With this partnership, Etihad guests can now book onward journeys to major domestic destinations in Vietnam as well as popular cities across Asia, all on a single ticket. Travellers also benefit from one check-in and automatic baggage transfer, making Abu Dhabi an easy connection point to the Middle East, Europe, and Africa.

Arik De, Chief Revenue and Commercial Officer, Etihad Airways, said: "This partnership with Vietnam Airlines delivers significant value to our guests by unlocking access to some of Asia's most dynamic and popular destinations. Our new Abu Dhabi-Hanoi service has been warmly received, and this codeshare agreement transforms it into a gateway to Vietnam's most exciting cities. Combined with our frequent flyer partnership, which enables loyalty members of both airlines to earn and redeem miles across our combined global networks, this collaboration underscores our commitment to providing our guests with greater flexibility, broader reach, and superior travel experiences."

From Vietnam Airlines’ perspective, this collaboration builds on the Memorandum of Understanding signed earlier. Nguyen Quang Trung, Director of Corporate Planning and Development, Vietnam Airlines, said: “Vietnam Airlines is pleased to advance our partnership with Etihad Airways through this new codeshare agreement, following the Memorandum of Understanding signed in 2024. The collaboration offers seamless access to Etihad’s network across the Middle East, Europe, and Africa, while allowing more travellers to experience Vietnam Airlines’ signature warmth and hospitality. Together with our expanded frequent-flyer partnership, this agreement enhances convenience, broadens destination choices, and strengthens tourism and economic ties between Vietnam and the UAE.”

The rollout of the codeshare will take place in phases. As it expands, passengers of Vietnam Airlines will gain access to six destinations beyond Abu Dhabi, Athens, Addis Ababa, Bahrain, Muscat, Cairo, and Istanbul, opening up a wider network across the Middle East, Europe, and Africa through Etihad’s strong connectivity.

Etihad and Vietnam Airlines already have a frequent flyer partnership in place. Launched in July 2025, it allows Etihad Guest and Lotus Miles members to earn and redeem miles across both airlines’ networks. This loyalty integration adds more value to the newly announced codeshare, giving travellers broader options and smoother travel experiences.