Thursday 17 August 2017
 
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growth

Over 24,000 hotel rooms to open in Makkah

Makkah's hospitality sector is expected to witness the entry of more than 24,478 hotel keys between Q2 2017 and 2019, primarily represented by five- and four-star properties, a new report said. According to the Colliers Intern

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Siniora Food posts 36pc growth in H1 net profit

Jordan-based Siniora Food Industries, a pioneer in the manufacturing of cold cuts, frozen meat and luncheon, has reported a net profit of JD1.926 million ($2.7 million) for the first half of 2017, a growth of 36 per cent compared with the same p

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Sohar Port posts 11pc growth in container volumes

Oman's Sohar Port container volumes in Q2 of 2017 grew by 11 per cent from the same quarter last year, as the port emerged as one of the region’s prime logistical hubs. The double-digit growth was accomplished despite on

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Takaud posts solid H1 growth, nets good returns

Takaud, a specialist provider of savings, investment and pension solutions for the Middle East and North Africa (Mena) region, has registered solid growth during the first six months with a 9.9 per cent increase in the mid-year returns for its i

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Air Canada records 14pc jump in traffic growth from Dubai

Flag carrier Air Canada expects a further increase in air traffic from Dubai, UAE, this year, having recorded a 14 per cent increase in traffic between the two countries in the first five months of this year, said a report. The Ca

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Freight demand remains robust, profit margins move upward

Industry-wide freight tonne kilometres (FTK) growth has continued its strong start to 2017, with volumes up 10.6 per cent year-on-year in the three months ended April. Once again, European and Asian carriers accounted for more tha

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Freight demand remains robust, profit margins move upward

Industry-wide freight tonne kilometres (FTK) growth has continued its strong start to 2017, with volumes up 10.6 per cent year-on-year in the three months ended April. Once again, European and Asian carriers accounted for more tha

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Abu Dhabi Ports sees record growth in 2016/17 cruise season

Abu Dhabi’s cruise tourism sector continues to grow exponentially, recording a 40 per cent increase in vessel calls and 48 per cent increase in passengers to Zayed Port and Sir Bani Yas during the 2016/2017 cruise season. Abu Dhab

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Abu Dhabi Ports sees record growth in 2016/17 cruise season

Abu Dhabi’s cruise tourism sector continues to grow exponentially, recording a 40 per cent increase in vessel calls and 48 per cent increase in passengers to Zayed Port and Sir Bani Yas during the 2016/2017 cruise season. Abu Dhab

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Middle East theme parks market set for solid growth

The Middle East theme parks market is set to witness solid growth over the coming years, thanks to the tremendous support from regional governments and increased tourism and investments by international players in the region, said a report.

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