Friday 28 August 2015
 
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Oman H1 hotel revenues top $250m

Upscale hotels in Oman saw revenues shoot up in the first six months of the year with three- to five-star hotels reporting over OR97 million ($250.9 million), said a report. Around 1.14 million visitors were recorded till the end of Jun

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Hikma's H1 revenue hits $709m

Hikma Pharmaceuticals, the leading multinational pharmaceutical group, has reported a revenue of $709 million for the first half of the year, in line with expectations and strategic progress.   The firm has launc

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Dubai medical tourism Q1 revenue tops $211m

Medical tourism in Dubai is booming with revenues of Dh778 million ($211.5 million) recorded in the first quarter of 2015, according to latest figures released by the Dubai Health Authority (DHA). The patients, totalling 118,727 d

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Dubai medical tourism revenue tops $211m in Q1

Dubai has treated 118,727 domestic and inbound medical tourists in the first quarter of 2015, resulting in revenues of Dh778 million ($211.5 million) according to latest figures released by the Dubai Health Authority (DHA). The pa

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Drake & Scull posts $9m net profit in H1

Drake & Scull International (DSI), a regional market leader in the integrated design, engineering and construction disciplines of civil contracting, mechanical, electrical and plumbing (MEP), water and power, rail and oil and gas, has post

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Ibdar Bank H1 revenues up 51pc to $11m

Bahrain-based Ibdar Bank, a wholesale Islamic investment bank, has reported total revenues of $11.1 million during the first half of the year, an increase of 51 per cent above the prior-year period in 2014. Total profits for the p

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QInvest H1 net profit jumps 86pc

QInvest, leading investment group in Qatar, has reported net profit of $24.4 million (QR88.7 million) in the first half of 2015, compared to $13 million (QR47.6 million) in H1 2014, marking a rise of 86 per cent. It also posted a

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Air Arabia Q2 net profit falls 14pc

Budget carrier Air Arabia, the UAE's only publicly-listed airline, reported a 13.6 per cent fall in second-quarter net profit on Wednesday, beating analyst forecasts. The Sharjah-based airline made a net profit of Dh146.2 mill

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Majid Al Futtaim H1 revenue rises 7pc to $3.7bn

Dubai-based mall operator Majid Al Futtaim reported a 7 per cent rise in half-year revenue to Dh13.7 billion ($3.7 billion)on Wednesday as income increased from its supermarket franchise and leisure businesses. The privately-owned

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Oman hotel revenues drop 1.5pc in May

Hotel revenues of Oman's three- to five-star hotels reached RO87.3 million ($225.9 million) in May, logging a 1.5-per cent drop compared to RO88.6 million ($229.4 million) recorded in the same period last year, said a report. Meanwh

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