Friday 28 July 2017
 
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H1

Agthia Group reports net profit of $32m for H1

Agthia Group, a leading food and beverage group in the UAE, has reported net profit of Dh118 million ($32.12 million) for the first half of 2017, while net revenue grew 2.2 per cent from the same period of 2016 to reach Dh1.07 million ($291,315)

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DXB passenger traffic tops 43m in H1

Passenger traffic at Dubai International (DXB) surpassed 43 million in the first half of 2017, according to the traffic report issued today by operator Dubai Airports.   DXB handled a total of 43,054,268 passengers during the

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International tourist arrivals up 4pc in H1

International tourist arrivals worldwide grew by 4 per cent between January and June 2016 compared to the same period last year. Destinations worldwide received 561 million international tourists (overnight visitors), 21 million more th

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Flydubai cuts H1 loss to $24.5m

Low-cost carrier Flydubai reported a narrower loss in the first half of 2016, posting Dh89.97 million ($24.49 million) from January to June, down 39 per cent from Dh147.40 million ($40.1 million) in the same period last year. Tota

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Topaz Energy reports H1 revenue of $149.5m

Topaz Energy and Marine, a leading offshore support vessel company, has reported a consolidated revenue of $149.5 million for the six months ended June 30 this year, compared to $175.4 million during the same period last year. The

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Air Arabia H1 net profit up 3.5pc

Air Arabia reported a net profit of Dh245 million ($66.6 million) for the first half of 2016, jumping up 3.5 per cent from Dh237 million ($64.5 million) reported for the same period last year. The company’s turnover for the

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Brazilian imports from Arab states hit $2.6bn in H1

The Arab-Brazilian Chamber of Commerce (ABCC) has revealed that Brazilian imports from the Arab World amounted to a total of $2.6 billion during the first half of 2016. The positive statistics reflect the strong trade relations be

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Ajman tourism revenues reach $54.4m in H1

Ajman saw tourism revenues hit Dh200 million ($54.4 million) in the first half of the year, with a total of 272,021 visitors travelling to the UAE emirate during the January to June period. According to the Ajman Tourism Developme

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Abu Dhabi H1 passenger traffic up 6.6pc

Abu Dhabi Airports saw passenger traffic jump 6.6 per cent during the first half of the year, compared to the same period in 2015, welcoming over 11.8 million passengers from January to June. Total traffic for H1 reached 11,848,35

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Ooredoo Kuwait continues earnings slump

Mobile operator Ooredoo Kuwait reported a 28 per cent fall in second-quarter net profit on Monday, continuing its earnings slump as revenue fell. The subsidiary of Qatar's Ooredoo competes domestically with Zain and Saudi Tele

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