Monday 19 February 2018
 
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Revenue

Saudi industrial boilers market eyes 5pc revenue growth

Saudi Arabia's industrial boilers market revenues are projected to grow at a CAGR (compound annual growth rate) of 5 per cent over the next six years, said a report.   The rapid industrialisation as well as i

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Du nets record $3.53bn revenue for 2017

Leading UAE-based telecom services operator du has a registered a record revenue of Dh13 billion ($3.53 billion) for 2017, up 2.2 percent over the previous year supported by a solid performance in its fixed line business. The Emir

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Drake & Scull International swings to Q4 profit

Drake & Scull International, a regional leader in engineering and construction services, is back in the black  with a net profit of Dh700,000 ($190,549) for the fourth quarter in 2017 compared to a net loss of Dh359 million the previous

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Salalah Rotana Resort welcomes new revenue manager

Salalah Rotana Resort, Oman’s leading beach resort, has appointed Lara Abou Harb as the new revenue manager, serving as department head in charge. No stranger to the company or resort, Abou Harb joins Salalah Rotana Resort f

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UAE outsourcing sector revenue hits $876m in 2017

Operational management revenues of business process outsourcing (BPO) and cloud services in the UAE touched $876.9 million (Dh3.2 billion) in 2017, with projections to reach $976.1 million in 2018, and $1.195 billion in 2020, a report said.

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SriLankan Airlines December revenue hits record $100m

SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld alliance, achieved the highest ever monthly revenue in its history in December 2017, recording a stand-alone revenue of $100.1 million. The airline

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Global semiconductor revenue to reach $451bn

Worldwide semiconductor revenue is forecast to total $451 billion in 2018, an increase of 7.5 percent from $419 billion in 2017, according to American research and advisory firm Gartner, Inc. This represents a near doubling of Gar

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Deyaar's revenue surges 75pc in 2017

Deyaar Development, one of Dubai’s leading real estate service providers, has reported revenues of Dh751.6 million ($205 million) for 2017, up 75 per cent over Dh428.3 million the previous year. Announcing its preliminary un

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Radisson Blu welcomes new revenue optimisation manager

Hotel group Radisson Blu has named Diala Tabet as the new regional revenue optimisation manager, Africa and Lebanon. Prior to joining Carlson Rezidor, Tabet started her career at Sheraton Bhamdoun in 1999. In 2001, she moved to Ra

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KPMG member firms post 12.7pc rise in revenue

KPMG in the Middle East and South Asia (MESA), a top professional service networks in the region, reported 12.7 per cent growth in aggregated revenues of member firms across the MESA region for the fiscal year ended September 30, 2017.

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