Global airport traffic grew at its fastest rate last year since 2010, rising 6.4 per cent to 7.2 billion passengers, according to data published on Friday by an international trade association representing airports.
Abu Dhabi Ship Building (ADSB), a provider of construction, repair and refit services for naval, military and commercial boats, posted a consolidated revenue of Dh791 million ($215.3 million) for 2015.
Its net profit rose to Dh87
Dubai’s Emirates airline saw over 7 million passengers travel to and from the GCC, Middle East and North Africa last year.
Catering to its growing customer base in the region, Emirates offers a variety of thoughtful product and se
The UAE-based Julphar Gulf Pharmaceutical Industries, a leading generic pharmaceutical manufacturer in Middle East and North Africa (Mena) region, posted a net profit of Dh226.6 million ($61.6 million) for 2015, up 12.2 per cent year-on-year.
Dubai-based Grandweld has secured its position as a leading regional shipyard for the offshore segment by completing the construction of 17 vessels during the previous year.
Grandweld, operating from its Dubai base since 1984, spe
Bahrain-based real estate developer Naseej reported a net profit of BD5.9 million ($15.7 million) for 2015, an increase of 74 per cent compared with BD3.4 million ($9 million) for 2014, reported the Gulf Daily News, our sister publicati
The number of air accidents and resulting fatalities dropped in 2015 from the previous year, and was well below the five-year average, the International Air Transport Association (Iata) said on Monday.
Some 68 accidents occurred l
The Rezidor Hotel Group concluded 2015 with a record 41 hotel signings and 24 hotel openings, up 30 per cent from 2014, with a number of new properties opened in the Middle East.
The group opened three new hotels in Saudi Arabia,
Dubai Holding Commercial Operations Group, the business group of Dubai Holding, has posted a 25 per cent increase in net profit for 2015, going up from Dh4.68 billion ($1.27 billion) recorded in 2014 to Dh5.83 billion ($1.58 billion).
The Dubai Health Authority (DHA) has announced that its hospitals and specialty centres received more than one million patients in 2015.
Dr Ahmad Bin Kalban, CEO of Hospital Services Sector at the Dubai Health Authority, said: &ld