Wednesday 20 August 2014
 
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Revenue

Hikma H1 revenue up 16pc to $738m

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

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GIANT PROJECT: Egypt to dig new Suez Canal

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

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Egypt plans to dig new Suez Canal costing $4 billion

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

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Shuaa Capital revenues up 46pc in H1

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. &n

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Dubai hotel occupancy levels drop

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

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Nakheel H1 profit jumps 54pc on new projects

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. The government-

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Etihad flies high with $3.2bn H1 revenue

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

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Increasing revenue: 7 tips for SMES

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,

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Tamkeen set to pay dues by mid-June

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.   Tamkeen&rs

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Egypt Suez Canal revenue up 8.9pc

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.

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