Hikma Pharmaceuticals, a major multinational pharmaceutical group with operations across Mena, Europe and the US, reported a 16 per cent increase in Group revenue to $738 million during first six months of the year.
The increase i
Egypt is planning to build a new Suez Canal alongside the near-145 year-old historic waterway in a multi-billion dollar project aimed at expanding trade along the fastest shipping route between Europe and Asia.
"This giant pr
Egypt plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multi-billion dollar project aimed at expanding trade along the fastest shipping route between Europe and Asia.
The Suez Canal earns
Leading UAE investment bank Shuaa Capital has reported a 46.1 per cent increase in revenues totalling to Dh116.2 million ($31.6 million) in the first half of the year, as compared to Dh79.5 million in the same period last year.
Dubai hotels experienced positive revenue-per-available-room performance during June despite a 5.5 per cent decline in occupancy, a report said.
There was an 8.6 per cent increase in supply and demand grew 2.6 per cent during the
Dubai property developer Nakheel, which was a major victim of the emirate's financial crisis five years ago but is now recovering strongly, reported a 54 per cent jump in profit for the first half of this year.
Abu Dhabi's state-owned Etihad Airways, which plans to buy a 49 per cent stake in Alitalia, reported on Tuesday a 28 per cent jump in first-half revenues, helped by growth in passenger and cargo volumes.
The carrier earned rev
For any business, making sales is the number one priority because without any sales, there would be no business, said a top official.
Many businesses have been facing tough times lately due to the poor economy,
Bahrain's labour fund Tamkeen is set to pay business owners all outstanding dues worth BD12 million ($31.6 million) to BD14 million by mid-June, chairman Shaikh Mohammed bin Essa Al Khalifa said.
Revenue from Egypt's Suez Canal rose 8.9 percent to $442.4 million in April from $406.1 million in the same month a year ago, Egypt's state information portal said on Monday.
March revenues stood at $441.9 million.