Thomas Cook India's Desert Adventures Secures Saudi Tourism License
Thomas Cook (India) Limited's subsidiary, Desert Adventures Tourism, has been granted a license by Saudi Arabia's Tourism Ministry to operate tourism services within the Kingdom. The license was obtained through a step-down subsidiary structure involving Travel Circle International (Mauritius) Limited. This development is expected to strengthen Thomas Cook's presence in the Middle Eastern tourism market and aligns with Saudi Arabia's efforts to boost its tourism sector.

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Thomas Cook (India) Limited has announced a significant development in its international operations. The company's subsidiary, Desert Adventures, has been granted a license by Saudi Arabia's Tourism Ministry, enabling it to operate tourism services within the Kingdom.
Key Details of the License
Desert Adventures, associated with Thomas Cook (India), has received approval to provide tourism services in Saudi Arabia. This strategic move aligns with the company's expansion plans in the Middle East tourism sector.
Corporate Structure and Licensing Process
The licensing process involved multiple entities within the Thomas Cook (India) group:
| Entity | Role |
|---|---|
| Thomas Cook (India) Limited | Parent Company |
| Travel Circle International (Mauritius) Limited | Subsidiary in Mauritius |
| Desert Adventures Tourism (Saudi Arabia) | Step-down subsidiary in Saudi Arabia |
The license was granted to Desert Adventures Tourism (Saudi Arabia), which is registered in the Kingdom of Saudi Arabia.
Implications for Thomas Cook (India)
This development is expected to strengthen Thomas Cook (India)'s presence in the Middle Eastern tourism market. By securing the license to operate in Saudi Arabia, the company is positioning itself to capitalize on the growing tourism sector in the region.
Regulatory Compliance
In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Thomas Cook (India) Limited has duly informed the stock exchanges - BSE Limited and National Stock Exchange of India Limited - about this development.
The tourism license granted by Saudi Arabia's Ministry of Tourism marks a significant milestone for Desert Adventures and its parent company, Thomas Cook (India) Limited. This move aligns with Saudi Arabia's efforts to diversify its economy and boost its tourism sector, potentially opening up new opportunities for international travel companies.
Historical Stock Returns for Thomas Cook
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.82% | -0.36% | +3.39% | +15.99% | -15.40% | +510.72% |
















































