Sunday 29 March 2015
 
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Revenue

Oman Air flies high with $1.03bn revenue in 2014

Oman Air, the flag carrier of the Sultanate, said its total revenue rose four per cent to RO398.3 million ($1.03 billion) in 2014 when compared to the previous year. This was broadly in line with the global industry average. This

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Qatar's Ooredoo expects revenue to fall this year

Qatar's Ooredoo forecasts its revenue will fall by as much as three per cent in 2015 and core earnings will drop by a similar margin, a presentation by the telecommunications operator on its website shows. Ooredoo, which has e

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DP World posts 11pc revenue increase

DP World, a leading port operator, has posted 11.3 per cent rise in revenues last year to reach $3.4 billion, according to a statement from the company. The firm made a profit attributable to shareholders of $675 million compared

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Iran yet to receive $7.8bn for oil sales

Iran has yet to receive $7.8 billion for crude oil sales made in recent months, government spokesman Mohammad Baqer Nobakht was quoted as saying, as Western sanctions keep Tehran shut out of the global banking system.  

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Egypt targets $20 billion tourism revenue in 2020

Egypt hopes to generate $20 billion in revenue from tourism by 2020 by attracting 20 million visitors, new tourism minister Khaled Ramy said on Sunday at an international investment conference in the Red Sea resort of Sharm El-Sheikh.

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Hikma Pharmaceuticals posts 9pc revenue increase

Hikma Pharmaceuticals, a leading multinational pharmaceutical group with operations across the Middle East and North Africa (Mena), Europe and the United States, has posted a nine per cent increase in revenue, with returns of $1.4 billion last y

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Self-driving cars could generate billions in revenue

Self-driving cars could generate billions of dollars a year in revenue from mobile internet services and products, even if occupants spend only a fraction of their free time on the web, according to a new study by McKinsey & Company.

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Ajman tourism revenues hit $81m

Tourism revenues in the UAE emirate of Ajman reached Dh300 million ($81.6 million) last year, as compared to Dh220 million ($59.8 million) in 2013, according to recent statistics. The Ajman Tourism Development Department (ATDD) st

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Oil price decline 'has caused knock-on effect'

Oil prices are an essential component of the revenue structure for most regional economies and an essential lifeline for those who rely on oil production revenue, according to an expert. During an interview with Euromoney Conferen

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Oil price decline 'has caused knock-on effect'

Oil prices are an essential component of the revenue structure for most regional economies and an essential lifeline for those who rely on oil production revenue, according to an expert. During an interview with Euromoney Conferen

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