Monday 23 April 2018
 
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Revenue

Mideast auto sales revenue to top 15bn by 2021

The Middle East’s sales revenue from engine and car components, systems, tyres, and auto accessories, is expected to surpass the $15-billion mark in the next three years, compared to $12.4 billion in 2017, growing at a compound annual grow

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Mideast auto sales revenue to top 15bn by 2021

The Middle East’s sales revenue from engine and car components, systems, tyres, and auto accessories, is expected to surpass the $15-billion mark in the next three years, compared to $12.4 billion in 2017, growing at a compound annual grow

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Jeddah hotel occupancy, revenues drop in March

Hotel occupancy levels and rates continued to drop in Jeddah as the city recorded a mostly negative performance in March due to a spike in supply. Figures released by STR revealed that hotel occupancy across the Saudi Arabian city

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Mepco sales revenue up 21.5pc in 2017

The Middle East Paper Company (Mepco), a leading vertically-integrated paper manufacturer in the region, reported sales revenue increase of 21.5 per cent for the year ended December 31, 2017, compared to 2016, due to growth in both sales volume

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Copthorne Hotel Dubai welcomes new revenue manager

Copthorne Hotel Dubai, part of Millennium Hotels and Resorts, has appointed Kranthi Kumar as the hotel’s new revenue manager. In his new role, Kumar will be tasked with maximising overall revenue and identifying new business

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Abu Dhabi hotel revenues drop in February

Hotels in Abu Dhabi recorded low room rates in February as demand slowed due to an off year for a key biennial exhibition, which will be held once again in 2019, according to new data. Figures released by STR revealed that revenue

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Flydubai revenues hit $1.49bn in 2017

Flydubai's total revenue for the year 2017 hit Dh5.5 billion ($1.49 billion), jumping 9.2 per cent compared to the same period in 2015, with profits reaching Dh37.3 million ($10.1 million). The airline also recorded a 5.5 per

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Shop Bahrain generates over $50m in revenue

Shop Bahrain, the largest shopping event of its kind, generated a record BD19 million ($50.2 million) in revenues over a 30-day festival period, a significant increase over the BD8 million ($21.1 million) recorded last year, organisers announced

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Shop Bahrain generates over $50m in revenue

Shop Bahrain, the largest shopping event of its kind, generated a record BD19 million ($50.2 million) in revenues over a 30-day festival period, a significant increase over the BD8 million ($21.1 million) recorded last year, organisers announced

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Sony reports operating revenue of $23.65bn

Sony Corporation has reported its highest ever third quarter operating profits for the fiscal year ending December 31, 2017, posting a nearly four-fold increase of 11.5 per cent year-on-year as compared to the same quarter of the previous fiscal

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