The total value of the GCC's 1,153 hospitality projects exceeded Dh544.62 billion ($148.2 billion) in the first quarter of 2017, according to BNC Network, a leading project research and intelligence provider in the Middle East and North Afri
The total value of the GCC's 1,153 hospitality projects exceeded Dh544.62 billion ($148.2 billion) in the first quarter of 2017, according to BNC Network, – the largest and most comprehensive project research and intelligence provider
Emirates Islamic, a leading Islamic financial institution in the UAE, has reported a five-fold growth in its net profit which soared to Dh221 million ($60.16 million) for the first quarter from Dh45 million ($12.25 million) for the same period i
Improvements in China’s industrial production, investment and exports during the first quarter of 2017 helped boost its gross domestic product (GDP) growth to 6.9 per cent year-on-year, according to recent data.
The hotel industry in Dubai, UAE, recorded strong occupancy levels during the first quarter of 2017 despite continued and significant supply growth, according to data from STR.
Based on preliminary data, Dubai recorded an occupanc
Aluminium Bahrain (Alba), an international aluminium smelter, has revealed that its sales volume and throughput are up by 4.9 per cent and 5.6 per cent, respectively, year-over-year (YoY) in the first quarter of this year.
Japan's Sony Corp on Friday said operating profit fell in its first quarter by 42 per cent, less than analysts had estimated, as the electronics maker trimmed the impact of earthquake damage to one of its image sensor factories.
Saudi Arabia's hospitality sector continued to show signs of a slow down during Q1 2016 due to a sustained decline in oil prices and a slowing demand from the corporate sector. Nevertheless, new hotel establishments entered the market during
Ajman witnessed a 20 per cent increase in the number of guest arrivals during the first quarter of the year, generating total tourism revenue of Dh108 million ($29.3 million), a new report has unveiled.
According to tourism statis
Oman-based National Aluminium Products Company (Napco), a leading extruder of aluminium in the GCC, said it has achieved OR4.8 million ($12.4 million) in revenues during the first quarter ending on March 31.
The company reported a