Upscale hotels in Oman saw revenues shoot up in the first six months of the year with three- to five-star hotels reporting over OR97 million ($250.9 million), said a report.
Around 1.14 million visitors were recorded till the end of Jun
Hikma Pharmaceuticals, the leading multinational pharmaceutical group, has reported a revenue of $709 million for the first half of the year, in line with expectations and strategic progress.
The firm has launc
Medical tourism in Dubai is booming with revenues of Dh778 million ($211.5 million) recorded in the first quarter of 2015, according to latest figures released by the Dubai Health Authority (DHA).
The patients, totalling 118,727 d
Dubai has treated 118,727 domestic and inbound medical tourists in the first quarter of 2015, resulting in revenues of Dh778 million ($211.5 million) according to latest figures released by the Dubai Health Authority (DHA).
Drake & Scull International (DSI), a regional market leader in the integrated design, engineering and construction disciplines of civil contracting, mechanical, electrical and plumbing (MEP), water and power, rail and oil and gas, has post
Bahrain-based Ibdar Bank, a wholesale Islamic investment bank, has reported total revenues of $11.1 million during the first half of the year, an increase of 51 per cent above the prior-year period in 2014.
Total profits for the p
QInvest, leading investment group in Qatar, has reported net profit of $24.4 million (QR88.7 million) in the first half of 2015, compared to $13 million (QR47.6 million) in H1 2014, marking a rise of 86 per cent.
It also posted a
Budget carrier Air Arabia, the UAE's only publicly-listed airline, reported a 13.6 per cent fall in second-quarter net profit on Wednesday, beating analyst forecasts.
The Sharjah-based airline made a net profit of Dh146.2 mill
Dubai-based mall operator Majid Al Futtaim reported a 7 per cent rise in half-year revenue to Dh13.7 billion ($3.7 billion)on Wednesday as income increased from its supermarket franchise and leisure businesses.
Hotel revenues of Oman's three- to five-star hotels reached RO87.3 million ($225.9 million) in May, logging a 1.5-per cent drop compared to RO88.6 million ($229.4 million) recorded in the same period last year, said a report.