Tuesday 23 May 2017
 
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Revenue

RAK Ceramics posts solid Q1 sales growth

UAE-based RAK Ceramics, one of the largest ceramics brands in the world, has registered solid growth in the first quarter of 2017 with its total revenues surging by four per cent to Dh681.1 million ($185 million). Announcing its r

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RAK Ceramics posts solid Q1 sales growth

UAE-based RAK Ceramics, one of the largest ceramics brands in the world, has registered solid growth in the first quarter of 2017 with its total revenues surging by four per cent to Dh681.1 million ($185 million). Announcing its r

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Ma'aden reports revenue of $725m for Q1

Saudi Arabian Mining Co (Ma'aden) has reported a revenue of SR2.72 billion ($725.2 million) during the first quarter of this year, up 20 per cent year-on-year. The sales growth was due to increase in sales volume of all produc

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Ma'aden reports revenue of $725m for Q1

Saudi Arabian Mining Co (Ma'aden) has reported a revenue of SR2.72 billion ($725.2 million) during the first quarter of this year, up 20 per cent year-on-year. The sales growth was due to increase in sales volume of all produc

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Arabtec swings to Q1 profit, revenue up 11pc

Arabtec Holding, a leading contractor for social and economic infrastructure, has reported its first quarterly bottom line profit in the last three years. The group is undergoing a series of restructuring measures including the ap

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Apple revenue up, but iPhone sales drop

Apple has posted revenues of $52.9 billion for the first quarter of the year, as against $50.56 billion a year earlier, marking an increase of more than 4.5 per cent year-on-year, a report said. However, the technology giant also

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Zain Bahrain net profit down 45pc in Q1

Zain Bahrain, a leading telecom services operator in the kingdom, has registered a 45 per cent drop in its net profit for the first quarter which fell to BD503,000 ($1.3 million) from BD917,000 ($2.4 million) for the same period last year.&nbs

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Dubai's First Central Hotel Suites to get new revenue strategy solutions

First Central Hotel Suites in Dubai has signed an agreement with Duetto, a market leader in hotel profit optimisation technology, for its cloud-based revenue strategy application and revenue intelligence solution. Under the agreem

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Du Q1 revenue edges up 2.5pc to $863m

Emirates Integrated Telecommunications Company (du) has posted revenues of Dh3.17 billion ($863 million) during the first quarter (Q1) of the year, compared to Dh3.08 billion of Q1 2016, marking an increase of 2.5 per cent. Net pr

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Ooredoo Q1 profit up 27pc to top $42m

Telecom provider Ooredoo posted a net profit of KD12.9 million ($42.3 million) for the first quarter of the year compared with KD10.2 million for the same period in 2016, marking an increase of 27 per cent. Revenues for Q1 2017 st

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