Wednesday 31 August 2016
 
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growth

Sohar Port records strong cargo growth

Oman-based Sohar Port and Freezone has reported that its container volume in the first half of 2016 amounted to 313,000 TEUs, in comparison to 264,000 TEUs during the same period in 2015, an increase of 18.6 per cent. The cargo fi

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Miami hotel bookings slow, airfares fall since Zika outbreak

Travellers have booked fewer hotel rooms in downtown Miami, and leisure airfares to the greater Miami area have inched down in the weeks since the Zika virus was detected there, data reviewed by Reuters shows. Hotels sold 2.9 per

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Turkey cannot attain 4.5pc growth goal this year - Deputy PM

Turkey cannot attain 4.5pc growth goal this year - Deputy PM Turkey cannot attain its goal of 4.5 per cent economic growth this year as downside risks have risen, Deputy Prime Minister Mehmet Simsek said on Friday, the clearest ad

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Sharjah hotel revenues up 7pc in H1

Sharjah's hotels saw revenues jump up 7 per cent during the first half of the year, reaching Dh378 million ($102.8 million) compared to the same period in 2015, said a report. According to a statement released by the Sharjah C

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Oman growth seen weakening as oil prices remain low

Oman's economy is showing signs of slowing with consumer confidence weakening, government projects being cut, and market conditions staying bearish, said a report. The persistence of low oil prices will see Oman register subst

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Oman growth seen weakening as oil prices remain low

Oman's economy is showing signs of slowing with consumer confidence weakening, government projects being cut, and market conditions staying bearish, said a report. The persistence of low oil prices will see Oman register subst

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Oman growth seen weakening as oil prices remain low

Oman's economy is showing signs of slowing with consumer confidence weakening, government projects being cut, and market conditions staying bearish, said a report. The persistence of low oil prices will see Oman register subst

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Dubai Investments posts $140m H1 profit

Dubai Investments, a leading diversified investment company based in Dubai, reported a strong first half of 2016 with its net profit attributable to shareholders reaching Dh516 million ($140.48 million), a 2 per cent growth over the Dh506 millio

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Dubai Investments posts $140m H1 profit

Dubai Investments, a leading diversified investment company based in Dubai, reported a strong first half of 2016 with its net profit attributable to shareholders reaching Dh516 million ($140.48 million), a 2 per cent growth over the Dh506 millio

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Global air cargo business posts growth

The global air cargo business, following a poor start to 2016, has picked up in June and reported an increase in worldwide chargeable weight of 2.7 per cent year-over-year (YoY), according to WorldACD Market Data. The uptick in Ju

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