Friday 30 September 2016
 
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August

Iranian ports handle 13pc increase in freight in August

Iranian ports recorded a 13 per cent increase in the amount of goods loaded/unloaded during August compared to the figure for the same month in 2015, said a report. A total of 23.83 million tonnes of oil and non-oil products were

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China manufacturing sector expands in August

Activity in China's manufacturing sector unexpectedly expanded at its fastest pace in nearly two years in August as construction boomed, suggesting the economy is steadying in response to stronger government spending. The best

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Emaar's Dubai Opera on track for August launch

Construction work on Dubai Opera, the city’s first purpose-built multi-format performing arts theatre, is set to be completed in August, developer Emaar properties said in a construction update. According to an update on its

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Egypt's Suez Canal revenue rises to $462m in August

Egypt's revenue from the Suez Canal rose to $462.1 million in August, from $437.7 million in July, the Suez Canal Authority's website stated on Tuesday. Revenues in June were $431.6 million, it said. The can

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Dubai hotel revenues drop 10pc in August

Four and five-star hotels in Dubai reported weakening performance levels in August, with revenue per available room (RevPAR) declining 10.1 per cent to $147.45 for the month compared to the same period last year, a new report showed. Du

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Asian imports of Iran oil rise 10pc in August

Asian imports of Iranian oil rose almost 10 per cent from a year ago in August following a landmark agreement on Tehran's disputed nuclear programme that sets the stage for a significant increase in the Opec

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Abu Dhabi airport sees record passenger traffic

Passenger traffic at Abu Dhabi International Airport increased by 17.4 per cent year-on-year in the month of August as more than 2.25 million travellers passed through the capital’s gateway, creating a new record in the airport’s his

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MEA hotels witness negative results in August

Hotels in the Middle East and Africa (MEA) region reported negative results in the three key performance metrics when reported in US dollars in August, according to data compiled by STR Global.   The region repor

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Saudi Arabia crude output drops in August

Saudi Arabia's crude oil production dipped by 100,000 barrels per day (bpd) in August, an industry source told Reuters, but still maintained historically high output levels in line with a strategy of defending market share.

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August hottest and sunniest on record in Bahrain

Last month was the hottest and sunniest August in Bahrain since records began. The maximum temperature in the country exceeded 40C on no less than 23 days last month, according to figures released by the Transportation and Telecommunication Mi

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