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2017

Emirates posts record 124pc jump in profit

Dubai-based Emirates airline has reported a whopping 124 per cent increase in profit for its 2017-2018 fiscal year. According to a 2017-18 Annual Report released by Emirates Group, the airline successfully managed strong competiti

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RJ on the path to profitability

Royal Jordanian's turnaround plan towards profitability, launched in the second half of 2017, started to show positive outcomes towards the end of last year as the airline achieved a JD468,000 ($658,022) net profit before tax.

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Toyota sells over 1.52m electrified vehicles in 2017

Toyota Motor Corporation recently announced that it reached a landmark milestone in annual sales of electrified powertrains in 2017, with over 1.52 million sold worldwide as of February 2, surpassing the prior record set in 2016 by 8 per cent.

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Toyota sells over 1.52m electrified vehicles in 2017

Toyota Motor Corporation recently announced that it reached a landmark milestone in annual sales of electrified powertrains in 2017, with over 1.52 million sold worldwide as of February 2, surpassing the prior record set in 2016 by 8 per cent.

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Saudi Arabia flight bookings up 14pc in 2017

Flight bookings in Saudi Arabia grew 14 per cent in 2017, reveals Cleartrip, a leading mobile and online travel company in the Middle East, in its 2017 Travel Insights Report. The report, which derives insights from the company

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Emaar Malls agrees dividend of $354m for 2017

Emaar Malls, the shopping malls and retail business of Emaar Properties, has approved the distribution of cash dividends amounting to Dh1.3 billion ($353.9 million), representing 10 per cent of the share capital for 2017. Emaar Ma

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Emaar Malls agrees dividend of $354m for 2017

Emaar Malls, the shopping malls and retail business of Emaar Properties, has approved the distribution of cash dividends amounting to Dh1.3 billion ($353.9 million), representing 10 per cent of the share capital for 2017. Emaar Ma

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Sharjah records 70pc hotel occupancy rate in 2017

Sharjah Commerce and Tourism Development (SCTDA) has revealed that occupancy rates at its hotels reached 70 per cent in 2017, indicating an exponentially rising number of regional and global travellers visiting the emirate. The re

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Dubai’s GDP hits $106 billion in 2017

Dubai’s real gross domestic product (GDP) reached Dh389 billion ($106 billion) in 2017 compared to Dh379 billion in 2016, according to data released by Dubai Statistics Centre (DSC). According to DSC, the growth was fuelled

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Dubai’s GDP hits $106 billion in 2017

Dubai’s real gross domestic product (GDP) reached Dh389 billion ($106 billion) in 2017 compared to Dh379 billion in 2016, according to data released by Dubai Statistics Centre (DSC). According to DSC, the growth was fuelled

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