Tuesday 3 March 2015
 
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Revenue

Oil price decline 'has caused knock-on effect'

Oil prices are an essential component of the revenue structure for most regional economies and an essential lifeline for those who rely on oil production revenue, according to an expert. During an interview with Euromoney Conferen

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Oil price decline 'has caused knock-on effect'

Oil prices are an essential component of the revenue structure for most regional economies and an essential lifeline for those who rely on oil production revenue, according to an expert. During an interview with Euromoney Conferen

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Etisalat hails landmark year as profits hit $2.4bn

UAE-based Etisalat, a leading telecom group, has reported Dh8.9 billion ($2.4 billion) in profit for 2014 driven by strong performance of domestic operations, marking a 26 per cent rise over the previous year. Full year consolidat

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Power distribution automation market revenues to hit $10bn

The revenues of global power distribution automation market, which reached $7.32 billion last year, are estimated to hit $10.33 billion in 2018, according to a new Frost & Sullivan analysis. The ‘Analysis of the Global D

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Power distribution automation market revenues to hit $10bn

The revenues of global power distribution automation market, which reached $7.32 billion last year, are estimated to hit $10.33 billion in 2018, according to a new Frost & Sullivan analysis. The ‘Analysis of the Global D

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Qatar UDC revenue soars to $521m in 2014

Qatar-based United Development Company (UDC) said its revenue for the year ending December 31, 2014 surged to QR1.9 billion ($521 million) compared to the same period the previous year. UDC, a company which targets investment and

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Tourism sector revenues in Bahrain hit $758m

Tourism sector in Bahrain saw remarkable growth last year, Industry and Commerce Minister Zayed Al Zayani announced yesterday (February 15). The revenues reached BD288 million ($758.3 million), an increase of 17.4 per cent over th

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Emaar Properties Q4 net profit rises 14pc

Dubai's Emaar Properties, builder of the world's tallest tower, made a net profit of Dh861 million ($234.5 million) in the fourth quarter of 2014, as against a profit of Dh756 million ($205.7 million) in the year-earlier period, marking

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RAK tourism revenue tops $272.2m

UAE emirate Ras Al Khaimah revealed its tourism revenue for 2014 exceeded Dh1 billion ($272.2 million), a first in the emirate’s history, a report said. Additionally, the emirate recorded 2.14 million guest nights, up 72 per cent

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Mobile Internet revenues hit $700bn in 13 major economies

Mobile Internet is generating about $700 billion in revenues annually in 13 countries that represent about 70 per cent of global gross domestic product (GDP), the equivalent of $780 per adult, and has created employment for about 3 million peopl

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