Thursday 30 June 2016
 
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Revenues

Napco posts $12.4m revenue in Q1

Oman-based National Aluminium Products Company (Napco), a leading extruder of aluminium in the GCC, said it has achieved OR4.8 million ($12.4 million) in revenues during the first quarter ending on March 31. The company reported a

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Mauritius raises 2016 tourism earnings forecast by 2pc

Mauritius said on Friday that tourism revenue in 2016 will be 1.9 per cent higher than it had previously forecast, after a surge in visitors during the first quarter. Tourism is a valuable source of foreign exchange for Mauritius,

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Inovest registers $53m net loss

Inovest, a Bahrain-based sharia-compliant investment firm, has registered a consolidated net loss of $53.7 million last year in comparison with $3.8 million in 2014.   Its total revenues excluding unrealised reva

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Aramex 2014 revenue edges up 5pc

Aramex, a leading global provider of logistics solutions, has posted revenues of Dh3.83 billion ($1.04 billion) for 2015, marking an increase of 5 per cent over the revenues of Dh3.64 billion for the previous year. Revenues in the

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Majid Al Futtaim revenues up 8pc to $7.4bn

Majid Al Futtaim, a  leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, today reported a revenue growth of 8 per to Dh27.3 billion ($7.432 billion) in 2015, compared to Dh25 billion in 2014.

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Majid Al Futtaim revenues up 8pc to $7.4bn

Majid Al Futtaim, a  leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, today reported a revenue growth of 8 per to Dh27.3 billion ($7.432 billion) in 2015, compared to Dh25 billion in 2014.

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Saudi's dwindling oil revenues and the challenge of reform

Saudi Arabia faces profound challenges to its economy and political system as a result of the slump in oil prices, which will test the skill of the country's ruling elite unless oil revenues recover in the next two years. &nbs

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Key Asry revenues reach $133m

Bahrain-based Asry, a leading ship and rig repair yard, earned revenues of $133 million during the period from January to October this year, it has emerged. In a statement issued after the 142nd meeting of the company’s board, chairman S

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Key Asry revenues reach $133m

Bahrain-based Asry, a leading ship and rig repair yard, earned revenues of $133 million during the period from January to October this year, it has emerged. In a statement issued after the 142nd meeting of the company’s board, chairman S

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Taqa sees new projects aiding revenues, cutting capex

Abu Dhabi National Energy Company (Taqa) expects its new projects coming on stream this year and next will lift revenues while capital expenditure reduces to offset the impact of low oil prices, its chief financial officer (CFO) said.

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