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Drake & Scull orders backlog hits recordDubai-based Drake & Scull International (DSI) has reported a net profit of Dh128 million ($34.84 million) for the year 2012, while its order backlog reached a record high of Dh9.1 billion representing a year on year increas More… |
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Boeing ends 2012 with record 1,203 ordersUS aircraft maker Boeing booked a record 1,203 net commercial airplane orders in 2012, the second-largest number in the company's history, besides delivering 601 new airplanes, its highest since 1999, said a senior official. A More… |
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Saudi, UAE non-oil business activity upGrowth of business activity in Saudi Arabia's non-oil private sector rose to a four-month high in September because of an increase in new orders, while new orders shot up to a 15-month high in the UAE, surveys showed. More… |
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UAE January business improves on new ordersGrowth in business activity in the United Arab Emirates' non-oil private sector rose slightly in January after slipping to a four-month low in the previous month, a purchasing managers' survey showed on Sunday. The HSBC UAE Purchas More… |
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Airbus claims victory in 2011 order raceAirbus outsold Boeing almost two-to-one in 2011 after gambling on a revamped fuel-efficient jetliner and delivered more jets than its rival for the ninth year running, while admitting it may struggle to keep its order crown this year. Figu More… |
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Boeing orders up but Airbus still leadsBoeing lost the 2011 order race by a wide margin and lagged its archrival Airbus on deliveries for the ninth year in a row, figures showed on Thursday, but it pledged to fight back in 2012 with big sales of a revamped narrowbody. At Boeing More… |
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Key manufacturing data lifts US hopesUS manufacturing grew at the fastest pace in six months in December, capping a late-year rally in the sector, while a rise in new orders suggested good momentum in 2012, an industry report showed yesterday. The Institute for Supply Managem More… |
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Airbus expands order, Boeing set to reboundAirbus is on course to end 2011 with well over 1,600 orders, pushing Boeing to the lowest market share of their 40-year rivalry, but Boeing has stored up momentum for a comeback as both companies put fresh vigour into their most-sold jets. &n More… |
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Airbus expands order, Boeing set to reboundAirbus is on course to end 2011 with well over 1,600 orders, pushing Boeing to the lowest market share of their 40-year rivalry, but Boeing has stored up momentum for a comeback as both companies put fresh vigour into their most-sold jets. &n More… |
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UAE business activity hits new low in AugGrowth in private sector business activity in the UAE plunged to a 15-month low in August as output stagnated and new order growth dropped to the lowest pace in a year, a purchasing managers' survey showed on Wednesday. The HSBC More… |
