Wednesday 22 November 2017
 
»
Tag
 
»
profits

Profits plummet as MEA hotels return to business as usual

Following a summer of mixed fortunes, which included a welcome year-on-year increase in profit per room in August, hotels in the Middle East & Africa were back to business as usual in September as gross operating profit per available room (G

More…

Boeing Q3 profits down 19pc; earnings beat expectations

The Boeing Company posted a 19 per cent drop in profit levels for the third quarter, raking in 1.8 billion in Q3 compared to 2.2 billion in the same period in 2016. Boeing's third-quarter revenues stood at $24.3 billion with G

More…

Top Saudi banks ‘under pressure to protect profits’

Large Saudi banks will protect their profits despite a tough business climate, said Moody’s in a new report, highlighting that lower government could dampen credit demand and weaken corporate and consumer borrowers' ability to repay de

More…

Bahrain Mumtalakat nets solid profits for fourth year

Bahrain Mumtalakat Holding Company, the investment arm of the kingdom, has registered solid growth for the fourth consecutive year with a net profit of BD68.9 million ($183.2 million) over the previous year's BD28.7 million ($76.3 million).

More…

65 Abu Dhabi-listed firms post Q1 profit over $3.25bn

Profits of 65 domestic and foreign companies listed on Abu Dhabi Securities Exchange (ADX) have reached Dh12 billion ($3.26 billion) in the first quarter (Q1) of 2017, growing by 19 per cent, compared with Dh10.4 billion in Q1 2016, a report sai

More…

Global airlines' profits to top $29bn in 2017 on high oil prices

The global airline industry is expected to make a net profit in 2017 of $29.8 billion, representing a 4.1 per cent net profit margin and total revenues of $736 billion, said the International Air Transport Association (Iata). This

More…

Shell, BP results improve from cost cuts amid low oil

Royal Dutch Shell and BP posted better-than-expected third-quarter profits, making progress with efforts to stabilise profits even during a quarter when oil prices averaged less than $46 a barrel, a report said. Shell returned to

More…

Lufthansa targets profit growth as strong start cushions slump

Deutsche Lufthansa stuck to its forecast for higher earnings this year as a strong start to 2016 will help the German carrier offset a series of headwinds to travel demand, said a report. “The guidance remains what it is,&rd

More…

Mideast airlines' profits to surge 14pc

Middle East carriers are expected to post a combined $1.6 billion profit in 2016, a record jump of over 14 per cent compared to the $1.4 billion reported for 2015. According to data released by International Air Transport Associat

More…

Boeing aims to increase revenue, profits

Boeing Company's top executives laid out an ambitious, five-year strategy on Wednesday to increase revenue and profits and secure the company's future for the next 100 years, promising to boost efficiency, return free cash to shareholder

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads