Tuesday 16 October 2018
 
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Revenue

Oman hotel revenues up 8.8pc

Hotels in Oman saw their total revenues shoot up in the first seven months of the year, with three- to five-star hotels reporting over RO117 million ($303.3 million), up 8.8 per cent compared to RO108 million ($280 million) registered for the co

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Qalaa Holdings Q2 revenue tops $173m

Qalaa Holdings, a leader in energy and infrastructure in Egypt, has posted EBITDA growth of 52 per cent y-o-y to EGP274.8 million ($15.3million) on revenues of EGP3.1 billion ($173.5 million) up 39 per cent y-o-y for the second quarter of the ye

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Saudi tourism generated $3.5bn this summer

During the summer vacation period this year, various regions of Saudi Arabia received as many as 11.3 million tourists who spent more than SR13.5 billion ($3.5 billion), according to the Saudi Commission for Tourism and National Heritage (SCTH).

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DP World H1 revenue surges 14.4pc to $2.62bn

DP World, one of the world's largest port operators, has registered a 14.4 per cent growth in its revenue for the first half which soared to $2.62 billion from last year's $2.29 billion, ably supported by the volume growth across all thr

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Emaar Properties' H1 revenue surges 46pc to $3.12bn

Leading property developer Emaar has registered a revenue of Dh11.47 billion ($3.12 billion) for the first half of the year, up 46 per cent compared to Dh7.86 billion ($2.14 billion) last year led by strong construction progress and growth in it

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Top Kuwaiti developer NREC's operating revenue up 46pc

Kuwait-based National Real Estate Company (NREC), a leading real estate developer with a major presence in the region, said its total operating revenue surged to KD14.02 million ($46 million) for the first half up 46.05 per cent over the same pe

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Emaar Development net profit surges 68pc to $496m

UAE-based Emaar Development has reported a net profit of Dh1.82 billion ($496 million) for the first six months of 2018, up 68 per cent compared to Dh1.08 billion ($294 million) for the same period last year.   A build-to-sell

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DAE revenues triple to $711 million in H1

Dubai Aerospace Enterprise's (DAE) total revenue more than tripled to $711.4 million for the first half of 2018, from $228.7 million during the same period in 2017.    ''The increase reflected a

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DAE revenues triple to $711 million in H1

Dubai Aerospace Enterprise's (DAE) total revenue more than tripled to $711.4 million for the first half of 2018, from $228.7 million during the same period in 2017.    ''The increase reflected a

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Mezzan Holding H1 revenue hits $361m

Kuwait-based Mezzan Holding, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, has reported a revenue of KD109.4 million ($361.21 million) for the first half (H1) of 2018, up 1.5 p

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