Sunday 23 July 2017
 
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2017

Astana ready for Expo 2017

A  significant number of tourists from Europe, Turkey and the US will be visiting Astana, the capital of Kazakhstan, this month as it gets ready to host 'Expo 2017' from June 10, under the theme of "Future Energy."

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WTM on target for record-breaking year of business deals

The WTM Portfolio is set to smash last year’s achievement of $7 billion worldwide industry deals after posting impressive visitor increases at its recent 2017 events – WTM Latin America, WTM Africa and Arabian Travel Market.

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The Airport Show, Dubai opens

The Airport Show Dubai opened today (May 15) at the Dubai International Convention and Exhibition Centre (DICEC) with over 300 companies from 50 countries participating. The show, which  was inaugurated by Sheikh Ahmed bin Sa

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Sheikh Ahmed to inaugurate 17th Airport Show

Sheikh Ahmed bin Saeed Al Maktoum, president of Dubai Civil Aviation Authority and chairman of Dubai Airports, will inaugurate the 17th edition of the Airport Show on May 15, at Zabeel Hall 5, the Dubai International Convention and Exhibition Ce

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Mena M&A activity down 27pc in Q1

Mergers and acquisition (M&A) activity in the Mena region declined in the first quarter (Q1) of 2017 recording 84 deals, compared to 115 deals in Q1 of 2016, according to the Q1 2017 M&A report from global professional services firm EY.

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Seef Properties Q1 profit tops 11pc

Bahrain-based Seef Properties has posted a net profit of BD2.45 million ($6.45 million), for the first quarter of 2017, compared to BD2.20 million recorded during the same period last year, which marks a growth of 11.33 per cent.

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Kingdom Holding Q1 net profit up 13pc

Kingdom Holding Company (KHC), chaired by Prince Alwaleed, has posted a net profit of SR129 million ($34.3 million) for the first quarter of the year, with an increase of 13 per cent compared to the same period of the last year. T

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Dubai gears up for Airport Show

Preparations are underway for the biggest Airport Show yet, with an over 50 per cent increase in year-on-year space bookings for the 2017 edition. Taking place from May 15-17, 2017, at the Dubai International Convention and Exhibi

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Etisalat posts net profit of $572m for Q1

UAE-based telecom Etisalat Group has posted a net profit after royalty of Dh2.1 billion ($572 million) for the first quarter of the year resulting in a net profit margin of 17 per cent and year-over-year increase of five per cent.

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Alba’s Q1 net income jumps 506pc to $68 million

Aluminium Bahrain (Alba), a leading global aluminium smelter, posted a net income of BD25.6 million ($68 million) in the first quarter of 2017, compared to BD4.2 million ($11 million) in Q1 2016, a 506 per cent increase year-on-year (YoY).

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