Sunday 16 December 2018
 
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Revenue

Saudi tourism revenues to hit $56.67bn this year

Saudi Arabia's tourism revenues are expected to exceed SR211 billion ($56.67 billion) this year, compared to SR193 billion recorded in 2017, said a report.   The travel and tourism sector in Saudi Arabia has

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Emirates Group posts $14.8bn revenue in fiscal H1

Dubai-based Emirates Group has reported a revenue of Dh54.4 billion ($14.8 billion) for the first six months of its 2018-19 financial year, up 10 per cent from Dh49.4 billion ($13.5 billion) during the same period last year. Profi

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Aldar Properties records 8pc growth in Q3 revenue

Aldar Properties, a leading property development company in Abu Dhabi, UAE, said it has delivered a strong performance with an eight per cent year-on-year increase in revenue which hit Dh1.5 billion ($408 million) and a steady y-o-y gross profit

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Emaar's nine-month revenue surges 30pc to $4.73bn

Emaar Properties has recorded a revenue of Dh17.39 billion ($4.735 billion) in the first nine months, up 30 per cent higher than the revenue of Dh13.351 billion ($3.635 billion) last year. This was led by the robust growth achieve

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DAE 9-month revenue more than doubles to $1bn

Dubai Aerospace Enterprise (DAE) reported total revenue of $1.069 billion (Dh3.926 billion) for the nine months ended September 30, 2018, an increase of 124 per cent from $477.5 million (Dh1.753 billion) for the same period in 2017.

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Damac Properties nets $1.4bn revenue for nine months

Damac Properties, a leading luxury property developer based in the UAE, has posted a revenue of Dh5.2 billion ($1.41 billion) for the first nine months and also registered a two-fold growth in the number of handovers year-on-year.

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Dana Gas 9-month revenue up 6pc to $115m

Dana Gas, a leading natural gas company in the region, has posted a revenue of $351 million (Dh1,287 million) for the first nine months of the year from $330 million over the same period last year, marking an increase of 6 per cent.

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Lufthansa Group 9-month revenue tops $30bn

Lufthansa Group generated total revenues of EUR26.9 billion ($30.7 billion) in the first nine months of 2018, marking an increase of six per cent on the prior-year period, while traffic revenues were up 7 per cent. As a result of

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Jazeera Airways 9-month revenue up 38.4pc

Kuwait-based Jazeera Airways has reported an operating revenue of KD63.7 million ($209 million) during the first the months (9M) of the year, marking a 38.4 per cent growth year-on-year (y-o-y), and welcomed 1.5 million passengers, a rise of 44.

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Emaar Malls net profit surges 9pc to $446m

Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, has recorded a 9 per cent growth in its net profit for the first nine months which surged to Dh1.639 billion ($446 million), compared to the Dh1.507 billion

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