Saturday 27 December 2014
 
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performance

Napco posts net profits of $1.2m

National Aluminium Products Company (Napco), a leading extruders of aluminum profiles in the GCC, has posted strong performance for the first three quarters of the year, with net profits worth more than RO486,000 ($1.2 million). I

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Mideast freight market grows 9.4pc in July

The Middle Eastern freight markets expanded 9.4 per cent in July, a strong performance despite the impact of Ramadan, said the International Air Transport Association (Iata). Regional airlines are capturing growth opportunities by

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Mideast freight market grows 9.4pc in July

The Middle Eastern freight markets expanded 9.4 per cent in July, a strong performance despite the impact of Ramadan, said the International Air Transport Association (Iata). Regional airlines are capturing growth opportunities by

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Bahrain govt staff to face new ability assessment plan

Key public sector staff in Bahrain are to face a tough new assessment of their abilities.    A performance-based appraisal has been launched in a bid to promote the culture of meritocracy, said a report in t

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Gulf's biggest bond sale is set for pricing record

An impending bond issue by Abu Dhabi-based telecommunications firm Etisalat may not only be the region's largest deal so far this year, but also set a record for tight pricing as the Gulf becomes more of a mainstream investment destination

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Dubai, Abu Dhabi hotels top performance

Dubai and Abu Dhabi hotels recorded strong occupancy rates in January, said a report. The latest HotStats report, published by TRI Hospitality Consulting, showed that while occupancy fell marginally in Dubai’s hotels by one

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5 Mena countries in top 50 ‘socially advanced’

Five countries of the Middle East and North Africa (Mena) region are among 50 countries ranked by their social and environmental performance. The Social Progress Index ranked the UAE as the 19th most socially advanced country in t

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DIB approves 12.5pc cash dividends

Dubai Islamic Bank (DIB), one of the largest Islamic banks in the UAE, said its board has approved the distribution of 12.5 per cent cash dividends for 2011 to its shareholders. The DIB announced this at the end of its annual general meeti

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Internet performance ‘low at peak hours’

About 71 per cent of home workers in the region are experiencing a reduction in Internet service performance during work hours, thereby significantly hindering their business efficiency, said a report. The number of Internet users in the M

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Flash announces Elton John concert

Flash Entertainment has announced the return of the legendary Elton John and Ray Cooper to Abu Dhabi to perform at the Yas Arena on March 29. John will share the stage with percussionist Cooper who first worked with him in 1971, on the Mad

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