Tuesday 6 December 2016
 
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Revenue

Saudi hospitality sector revenue to hit $23.1bn

Saudi Arabia's hospitality industry is expecting to sustain a steady upward growth as hotel sector revenues are forecast to reach $23.1 billion by 2020, indicating an annual average growth of 6.2 per cent from 2015, a new report has unveiled

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Julphar reports revenue of $290m

UAE-based Julphar Gulf Pharmaceutical Industries, a leading generic pharmaceutical manufacturer in Middle East and North Africa (Mena) region, has reported sales revenue of Dh1.066 billion ($290.2 million) in the first nine months of this year.

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Premier Inn ME deploys Ideas solutions for revenue growth

Premier Inn Hotels has selected Ideas Revenue Solutions, a leading provider of revenue management software solutions and advisory services, to optimise its revenue management efforts. Ideas will implement its Ideas G3 Revenue Mana

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Drake & Scull revenue doubles to $237m, trims net loss in Q3

Drake & Scull International (DSI), a regional engineering and services leader based in Dubai, UAE, said its revenue for the third quarter has grown two-fold to Dh869 million ($237 million) from Dh434 million ($118) for the same period last y

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Jet Airways flies high with $850m revenue in Q2

Jet Airways, the second-biggest carrier in India by passengers and an airline partner of UAE-based Etihad Airways, has registered a 3.2 per cent jump in its total revenue which soared to ₹5,682 crore ($850 million) over ₹5,504 crore ($842 millio

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Mezzan Holding reports $157m revenue in Q3

Kuwait-based Mezzan Holding reported that its third quarter revenue stood at KD47.7 million ($157.30 million), bringing the total revenue for the first three quarters of the year to KD156.2 million ($515.9 million), an increase of 3.6 per cent o

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Taqa 9-month revenues down 17pc

Abu Dhabi National Energy Company (Taqa) has posted revenues of Dh12.1 billion ($3.29 billion) for the first nine months of 2016, down 17 per cent over Dh14.7 billion ($4 billion) for the same period last year. Announcing the resu

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Taqa 9-month revenues down 17pc

Abu Dhabi National Energy Company (Taqa) has posted revenues of Dh12.1 billion ($3.29 billion) for the first nine months of 2016, down 17 per cent over Dh14.7 billion ($4 billion) for the same period last year. Announcing the resu

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Emirates Group H1 profits slide 64pc to $364m

The Emirates Group today reported a net profit of Dh1.3 billion ($364 million) for the first six months of its 2016-17 financial year, down 64 per cent compared to the same period last year. The group held steady on revenue, but p

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Arkan nine-month revenues drop to $162m

UAE-based Arkan Building Materials Company has reported revenues of Dh596 million ($162 million) for the first nine months of 2016, marking a drop from Dh666.4 million ($181 million) for the same period last year. A leading constr

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