The Middle East region's hotels reported negative results in key performance metrics in May, while Africa reported mixed results in the three key performance metrics of occupancy, average daily rate (ADR) and revenue per available room (RevP
The Organization of the Petroleum Exporting Countries’ (Opec) 2015 oil export revenues slumped 46 percent to a 10-year low, the group said in a report published on Wednesday, underlining the impact on producers' income from a collaps
BlackBerry posted a bigger-than-expected fall in first-quarter revenue on Thursday, but forecast full- year results above market expectations.
Its shares were up slightly at $6.79 in premarket trade as it said it expected to post
The Organization of the Petroleum Exporting Countries (Opec’s) full-year 2016 oil export revenues will probably fall 15 per cent, down for the third straight year and possibly the lowest in more than a decade before rising in 2017, the U
Three, four and five-star hotels in Oman saw revenues drop to OMR52.98 million ($137 million) in the first quarter of 2016, slipping 8 per cent compared to the same period last year, said a report.
Hotels recorded a 2.4 per cent d
Ajman witnessed a 20 per cent increase in the number of guest arrivals during the first quarter of the year, generating total tourism revenue of Dh108 million ($29.3 million), a new report has unveiled.
According to tourism statis
Bahrain's hotels saw total revenues slump by nearly seven per cent in March despite reducing payroll levels and overheads, reported the Gulf Daily News, our sister publication, citing new data.
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Boeing Company's top executives laid out an ambitious, five-year strategy on Wednesday to increase revenue and profits and secure the company's future for the next 100 years, promising to boost efficiency, return free cash to shareholder
The Al Hadeetha Copper-Gold Project, currently under development in Oman’s Dakhiliyah Governorate, has the potential to generate revenues in excess of $430 million over its initial 10 operational year, said a report.
Revenue for Egypt's Suez Canal rose to E£3.477 billion ($396 million) in March from E£3.108 billion ($349.9 million) in February, the Suez Canal Authority said on Tuesday.
Since February it has not published dollar