Monday 27 February 2017
 
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Revenue

ME hotel occupancy, rates down in January

Hotels in the Middle East reported declines across the three key performance indicators in January, while hotels in Africa recorded positive results for the same period, a report has revealed. According to January 2017 data from S

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Ooredoo Kuwait net profit hits $153m, up 75pc

National Mobile Telecommunications Company (Ooredoo Kuwait) said its net profit for 2016 surged to KD46.7 million ($152.5 million) in 2016, up 75 per cent from KD26.7 million ($87.2 million) for the same period the previous year.

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Bahrain Duty Free 2016 revenue up 2.6pc

Bahrain Duty Free Complex has reported gross revenues of $76.5 million for 2016, up 2.6 per cent compared to $74.5 million the previous year. Announcing it’s financial results for the year ended December 31, 2016, the Bahrai

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Zain Group records $3.6bn revenue in 2016

Zain Group, a leading mobile telecom innovator in eight markets across the Middle East and Africa, has generated consolidated revenues of KD1.1 billion ($3.6 billion), down four per cent over the previous year. Announcing its four

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Mezzan records $679m revenue

Mezzan Holding, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, reported a revenue of KD207.4 million ($679.54 million) for 2016, a 5.8 per cent increase on 2015.

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Mezzan records $679m revenue

Mezzan Holding, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, reported a revenue of KD207.4 million ($679.54 million) for 2016, a 5.8 per cent increase on 2015.

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UAE nets $2.1bn revenue from e-Dirham in 2016

The UAE ministry of finance has collected Dh7.84 billion ($2.13 billion) government revenue through e-Dirham payment gateway in 2016. The number of e-Dirham service transactions conducted through the e-Dirham system rose by 6.94 p

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Dana Gas reports $33m profit for 2016

Dana Gas, a leading regional natural gas company, reported a net profit of $33 million for 2016. The preliminary net profit was a decline as compared to $144 million achieved last year, which included gain on one-off sale of 5 per

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Flydubai revenues hit $1.3bn in 2016

Flydubai's total revenue for the year 2016 hit Dh5 billion ($1.36 billion), jumping 2.4 per cent compared to the same period in 2015, with total profits reaching Dh31.6 million ($8.6 million). The airline also recorded a 14.4

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Qalaa Holdings posts $98m revenue in Q3

Qalaa Holdings, an African leader in energy and infrastructure, has reported revenues of EGP1.79 billion ($98 million) in the third quarter (Q3) of 2016 with the largest contributions coming from the energy (45 per cent) and cement (32 per cent)

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