Wednesday 25 May 2016
 
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Q1

Jordan airport welcomes over 1.6m passengers in Q1

Jordan's Queen Alia International Airport (QAIA) received a total of 1,639,519 passengers in the first three months of 2016, registering an increase of 8.5 per cent in year-to-date passenger traffic in comparison to Q1 2015. A

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RAK Hospitality Asset Management Q1 RevPAR up 16.4pc

RAK Hospitality Asset Management has announced that its hotels under management posted a record growth of 16.4 per cent in revenue per available room (RevPAR) in Q1 2016. Rashad Saab, head of asset management at RAK Hospitality As

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RJ losses drop $1.4m in Q1

National carrier Royal Jordanian (RJ) has reported a 13 per cent improvement in its first quarter financial results as losses dropped JD1 million ($1.4 million) to JD 7.3 million ($10.2 million) from JD8.3 million ($11.6 million) in the same per

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Dubai sees record 4.1m visitors from Jan to March

Dubai welcomed a record 4.1 million tourists during the first three months of the year, jumping up 5.1 per cent compared to the same period in 2015, official figures showed. According to figures released by Dubai's Department

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Qatar Navigation Q1 net profit falls 3.6pc

Qatar Navigation (Milaha) reported a 3.6 per cent fall in first-quarter net profit on Sunday. The shipper's net profit was QR352 million ($96.7 million) for the three months ending March 31, down from QR365 million ($100.17 mi

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Aramex Q1 net profits up 12pc

Aramex, a leading global logistics solutions provider, has announced a 12 per cent increase in net profits to Dh96.9 million ($26.38) for the first quarter of 2016, compared to Dh86.6 million ($23.5 million) during the same period in 2015.

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PetroRabigh swings to Q1 loss

Saudi Arabia's Rabigh Refining and Petrochemical Co (PetroRabigh) swung to a first-quarter net loss, it reported on Wednesday, as its earnings were impacted by the plant's gradual restart after a period of maintenance at the end of last

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PetroRabigh swings to Q1 loss

Saudi Arabia's Rabigh Refining and Petrochemical Co (PetroRabigh) swung to a first-quarter net loss, it reported on Wednesday, as its earnings were impacted by the plant's gradual restart after a period of maintenance at the end of last

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Tasnee Q1 net loss narrows, ahead of forecasts

Saudi Arabia's National Industrialization Co (Tasnee) posted a narrower first-quarter net loss, beating analysts' forecasts due to higher sales volumes and not suffering the same negative impact from financial contracts at a subsidiary.

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Ma'aden Q1 net profit slips 35pc, still beats forecasts

Saudi Arabian Mining Co (Ma'aden), the Gulf's largest miner, posted a 35.3 per cent fall in first-quarter net profit on Sunday, but still beat analysts' forecasts. The firm made a net profit SR168.9 million ($45.04 mil

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