Friday 20 September 2019
 
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Q3

Yanbu Commercial Port sees 124pc rise in cargo handling in Q3

Saudi Arabia-based Yanbu Commercial Port set a new record by handling 1.24 million tonnes of various types of general cargo during the third quarter of 2018, an increase of 124 per cent, compared to 557,000 tonnes for the same period in 2017, sa

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Agility reports $65m net profit in Q3

Agility, a leading global logistics provider, reported third-quarter earnings of 13.8 fils per share on net profit of KD20 million ($65.7 million), an increase of 12.3 per cent over the same period in 2017. Agility EBITDA grew 14.

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Sharjah Airport logs 3.32m passengers in Q3

In the third quarter of this year, Sharjah Airport received 3.32 million passengers, an increase of 6.55 per cent over the same period last year when 3.118 million passengers used the airport, a media report said. The airport hand

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Equate Group achieves $406m net profit in Q3

Equate Group, a global petrochemical producer, has achieved $406 million in net profit in the third quarter of 2018, reflecting an increase of 22 per cent from the same period in 2017. The company’s revenue for the quarter w

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Aramex reports $30.7m net profit in Q3

Aramex, a leading global provider of comprehensive logistics and transportation solutions, reported that its 2018 third quarter (Q3) net profit surged by 38 per cent to Dh113 million ($30.7 million), compared to Dh82 million ($22.32 million) in

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Sharjah EDD issues over 14,000 licences in Q3

The Sharjah Economic Development Department (SEDD) announced the issuance and renewal of 14,140 business licences, reporting a growth of 20 per cent in the third quarter of 2018 compared to 2017. The SEDD data for September showed

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Egypt to witness tourism boom in Q3

Egypt's tourism industry is expected to receive a boost over the next couple of months, as analysts predict Hurghada and Sharm El Sheikh to become tourist hot spots over the next couple of months with forecasted growths of 8 per cent and 5pe

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Completed buildings in Abu Dhabi surge 3.6pc in Q3

A total of 1,104 buildings have been completed in Abu Dhabi, UAE, during the third quarter (Q3) of 2017, reflecting a growth of 3.6 per cent from 1,066 buildings during the corresponding period last year, a report said. The number

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Air Arabia Q3 net profits up 27pc

Air Arabia, the Middle East and North Africa’s largest low-cost carrier, registered a net profit of Dh376 million ($102.3 million) for the third quarter, an increase of 27 per cent compared to the Dh297 million ($80.8 million) reported for

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Worldwide PC shipments drop 3.6pc in Q3

Worldwide PC shipments totalled 67 million units in the third quarter of 2017, a 3.6 per cent decline from the third quarter of 2016, according to preliminary results by Gartner, Inc. This is the 12th consecutive quarter of declin

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