Saturday 26 September 2020
 
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Milaha 9-month net profit hits $109.8m

Qatar Navigation (Milaha), a leading maritime and logistics conglomerate, reported a net profit of QR400 million ($109.84 million) for the nine months ended September 30, 2018, compared to QR363 million ($99.68 million) for the same period in 20

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DP World reports 3.7pc container volume growth

DP World Limited handled 53.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first nine months of 2018, with gross container volumes growing by 2.6 per cent year-on-year on a reported basis a

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Emirates, flydubai mark six months of partnership

Emirates and flydubai revealed today strong passenger numbers for the first six months of their partnership, illustrating the tremendous positive response from customers, and the successful start of the expanded codeshare partnership which was a

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RJ flies 1.13m passengers in first four months

National carrier Royal Jordanian (RJ) carried 1.13 million passengers in the first four months of this year - 45,000 passengers more than the same period in 2016 - marking an increase of 5 per cent. Due to the remarkable increase

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Emaar Properties net profit up 19pc

Global property developer Emaar Properties hsa recorded 19 per cent growth in net profit to Dh3.620 billion ($986 million) during the first nine months of 2016 compared to Dh3.048 billion ($830 million) during the same period in 2015.

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VW ‘emission scandal investigations to take months’

Volkswagen said on Thursday it would take longer than expected to investigate its rigging of vehicle emissions tests, raising the prospect of months of uncertainty for customers, shareholders and staff.   After a

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6-month shrimping ban shelved in Bahrain

The decision to extend the ban on shrimping to six months has been put off until next year in Bahrain. The Premier yesterday (June 29) issued an order maintaining the current four-month ban for this year, said a report in the

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Six-month shrimping ban set to continue in Bahrain

Shrimping will continue to be banned for six months a year in Bahrain, despite calls from fishermen to relax the rules. This was announced by Information Affairs Minister and official government spokesman Isa Al Hammadi following

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Sailors stuck on tanker after firm runs up a $300,000 debt

A group of sailors has been stranded aboard an oil tanker for months in Bahrain after the shipping company they work for racked up more than $300,000 in debt. Mongolian vessel MT Surya Kuber has been banned from leaving the countr

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Some staff of India's Sahara ‘not paid salaries for months’

Some staff at Indian conglomerate Sahara say they have not been paid for several months, as the company tries to raise $1.6 billion to bail its boss Subrata Roy out of jail. Reuters interviewed 11 employees independently contacted

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