Tuesday 21 February 2017
 
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Revenue

Ooredoo Kuwait 2016 net profit surges 75pc

National Mobile Telecommunications Company (Ooredoo Kuwait) said its net profit for 2016 surged to KD46.7 million ($152.5 million) in 2016, up 75 per cent from KD26.7 million ($87.2 million) for the same period the previous year.

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Bahrain Duty Free 2016 revenue up 2.6pc

Bahrain Duty Free Complex has reported gross revenues of $76.5 million for 2016, up 2.6 per cent compared to $74.5 million the previous year. Announcing it’s financial results for the year ended December 31, 2016, the Bahrai

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Zain Group records $3.6bn revenue in 2016

Zain Group, a leading mobile telecom innovator in eight markets across the Middle East and Africa, has generated consolidated revenues of KD1.1 billion ($3.6 billion), down four per cent over the previous year. Announcing its four

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Mezzan records $679m revenue

Mezzan Holding, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, reported a revenue of KD207.4 million ($679.54 million) for 2016, a 5.8 per cent increase on 2015.

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Mezzan records $679m revenue

Mezzan Holding, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, reported a revenue of KD207.4 million ($679.54 million) for 2016, a 5.8 per cent increase on 2015.

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UAE nets $2.1bn revenue from e-Dirham in 2016

The UAE ministry of finance has collected Dh7.84 billion ($2.13 billion) government revenue through e-Dirham payment gateway in 2016. The number of e-Dirham service transactions conducted through the e-Dirham system rose by 6.94 p

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Dana Gas reports $33m profit for 2016

Dana Gas, a leading regional natural gas company, reported a net profit of $33 million for 2016. The preliminary net profit was a decline as compared to $144 million achieved last year, which included gain on one-off sale of 5 per

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Flydubai revenues hit $1.3bn in 2016

Flydubai's total revenue for the year 2016 hit Dh5 billion ($1.36 billion), jumping 2.4 per cent compared to the same period in 2015, with total profits reaching Dh31.6 million ($8.6 million). The airline also recorded a 14.4

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Qalaa Holdings posts $98m revenue in Q3

Qalaa Holdings, an African leader in energy and infrastructure, has reported revenues of EGP1.79 billion ($98 million) in the third quarter (Q3) of 2016 with the largest contributions coming from the energy (45 per cent) and cement (32 per cent)

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Saudi hospitality sector revenue to hit $23.1bn

Saudi Arabia's hospitality industry is set for solid growth as revenues are forecast to reach $23.1 billion by 2020, indicating an annual average growth of 6.2 per cent from 2015, a new report unveiled. According to data revea

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