Thursday 25 August 2016
 
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H1

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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Arab-Brazil trade hits $5.24bn in H1

Arab nations have imported $5.24 billion worth of products from Brazil during the first half of 2016, , according to a report. Saudi Arabia accounted for the lion's share of the trade (23.71 per cent) importing $1.24 billion w

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UAE non-oil trade up by 2pc in H1

The UAE non-oil direct trade reached Dh534.1 billion ($145.4 billion) in the first half of 2015, marking a 2 per cent increase from the Dh521.8 billion ($142.07 billion) recorded during the same period in 2014, a report said. Acco

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Al Maktoum Airport anticipates surge in passenger numbers

Passenger numbers at Al Maktoum International Airport - Dubai World Central (DWC) are expected to soar once flydubai commences operations from DWC in October, offering passengers a total of 190 weekly flights to 17 destinations. During

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Oman H1 hotel revenues top $250m

Upscale hotels in Oman saw revenues shoot up in the first six months of the year with three- to five-star hotels reporting over OR97 million ($250.9 million), said a report. Around 1.14 million visitors were recorded till the end of Jun

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Turkish Airlines' operating profit up 68pc in H1

Turkish Airlines, the flag carrier of the country, has reported an operating profit of TRY524 million ($1.84 million) for the first half the year, outperforming results posted for H1 2014 by a record 68 per cent. The airlines also poste

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