Tuesday 24 May 2016
 
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Revenue

Boeing aims to increase revenue, profits

Boeing Company's top executives laid out an ambitious, five-year strategy on Wednesday to increase revenue and profits and secure the company's future for the next 100 years, promising to boost efficiency, return free cash to shareholder

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Oman’s copper-gold project may generate $430m revenue

The Al Hadeetha Copper-Gold Project, currently under development in Oman’s Dakhiliyah Governorate, has the potential to generate revenues in excess of $430 million over its initial 10 operational year, said a report. The ven

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Egypt Suez Canal revenue rises to $350m in March

Revenue for Egypt's Suez Canal rose to E£3.477 billion ($396 million) in March from E£3.108 billion ($349.9 million) in February, the Suez Canal Authority said on Tuesday. Since February it has not published dollar

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Pfizer Q1 revenue soars 19.7pc

US drugmaker Pfizer reported first-quarter revenue that blew past analysts' average estimate, boosted by sales of its new treatments for cancer and its Hospira acquisition. Shares of the company were up 3.2 per cent at $33.86

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Turkish tourism revenues down 16.5pc in Q1

Tourism revenues in Turkey dropped 16.5 per cent year-on-year to $4.07 billion in the first quarter, the Turkish Statistics Institute said on Friday. Last year as a whole, tourism revenues fell 8.3 per cent to $31.5 billion. - Reu

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Etihad Airways revenue soars to $9 billion

Etihad Airways, the national airline of the UAE, today announced its strongest annual financial results to date, with a net profit of $103 million ($73 million in 2014) on total revenues of $9.02 billion ($7.55 billion in 2014). T

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Turkish Airlines targets 72m passengers; $12.2bn sales

Turkish Airlines, one of the fastest growing airlines in the world, is set to achieve a sales target of $12.2 billion in 2016, with an overall capacity increase of 16 per cent over last year, it was revealed at the  Arabian Travel Market (A

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Egypt tourism revenue down 66pc in Q1

Egypt netted just $500 million in tourism revenue in the first quarter of 2016, down from $1.5 billion a year earlier, a tourism ministry adviser told Reuters, highlighting the country's struggle to kickstart a key dollar-earning industry.

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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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Zain Saudi Q1 net loss narrows

Telecom operator Zain Saudi reported a narrowing first-quarter loss on Thursday, narrowly missing analysts' forecasts. The company has yet to make a quarterly profit since launching services in 2008 and has battled to compete

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