Saturday 21 July 2018
 
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Revenue

Almarai reports $994.6m Q2 revenue

Saudi Arabia's Almarai, the largest dairy company in the Gulf, has reported a revenue of SR3.731 billion ($994.6 million) for the second quarter of this year, a decrease by 0.8 per cent compared to SR3.760 billion ($1.002 billion) in Q2 last

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Service data analysis ‘could boost revenue by 14pc’

Companies can expect a revenue boost of more than 14 per cent by automatically collecting and analyzing service data related to industrial assets, according to a new global research report. Additionally, for every $1 spent on succ

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Abu Dhabi carrier cuts losses in 2017

Etihad Airways today announced its financial results for 2017, showing increased revenues and shrinking losses - the result of a strategic review of its global business. In a statement released by Etihad, it reported a 1.9 per cen

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Bosch ME revenues up 11pc to $419m

Bosch, a leading global technology company, has posted revenues of Dh 2.057 billion ($419 million) for the fiscal year 2017 across 14 countries in the Middle East, marking an increase of 11 per cent compared to the previous year.

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Bosch ME revenues up 11pc to $419m

Bosch, a leading global technology company, has posted revenues of Dh 2.057 billion ($419 million) for the fiscal year 2017 across 14 countries in the Middle East, marking an increase of 11 per cent compared to the previous year.

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In-flight connectivity to generate $37bn in 10 years - report

The demand for in-flight connectivity (IFC) among passengers is expected to soar with IFC expected to generate $37 billion in cumulative revenue by 2027, industry experts revealed According to Northern Sky Research's (NSR) Aer

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Drake & Scull International swings to Q1 net profit

Drake & Scull International, a regional leader in engineering and construction services, has achieved an overall net profit of Dh7 million ($1.9 million) for the first quarter, compared to the net loss of Dh839 million ($228 million) declare

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Jeddah hotel occupancy, revenue rates hit new low

The hospitality sector in Saudi port city of Jeddah registered a negative performance with regard to occupancy rates and also revenue growth mainly due to a 10 per cent  jump in supply, said a report. Last month there was a s

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Dubai airport immigration process reduced to six seconds

Dubai International Airport (DXB) has reduced its immigration counter process to six seconds compared to 40 seconds before, thanks to Data intelligence as 90 per cent of passengers are pre-cleared, a senior official revealed. Part

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Oman hotel revenues cross $100m in first two months

Hotels in Oman experienced a positive start to the year as revenues of the three- to five-star hotels climbed up 11.5 per cent to OMR41.30 million ($107 million) in the first two months, a significant increase from the OMR37.05 million ($95.9 mi

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