Thursday 30 June 2016
 
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2015

ADSB posts revenue of $215m for 2015

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

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Emirates carries 7m passengers to and from Mena in 2015

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

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Julphar posts $61.6m net profit for 2015

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.

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Grandweld builds 17 vessels in 2015

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

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Naseej 2015 profit rises 74pc to $15.7m

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

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Global aviation had fewer accidents in 2015 : Iata

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

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Rezidor concludes 2015 with 41 hotel signings

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,

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Dubai Holding Commercial Operations net profit up 25pc

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). T

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DHA receives over one million patients in 2015

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

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Finance House posts $16.7m net profit

Abu Dhabi-based Finance House, a leader in commercial and retail financing, financial services and investments, has reported a consolidated net profit of Dh61.7 million ($16.7 million) for 2015, slipping from Dh73.3 million ($19.9 million) achie

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