Alba’s net profits surge 65pc in Q2The net income of Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, surged 65 per cent in the second quarter of this year to BD29.1 million ($77.4 million), compared to BD17.7 million ($46.9 million) for the same period in 2017. More… |
Chinese, Indian travellers 'continue to rise in UAE'The UAE continues to be an increasingly important destination for travellers from both China and India, according to InterContinental Hotels Group (IHG), one of the world’s leading global hotel companies. IHG’s data tr More… |
Over 5m Umrah pilgrims pass through Jeddah airportJeddah's King Abdulaziz International Airport (KAIA) has witnessed over 5 million Umrah pilgrims arrive and depart since the beginning of the Umrah season on November 1, said a report A total of 2,588,357 pilgrims arrived and More… |
Saudi domestic tourism to jump 40pc by 2020 - reportSaudi Arabia is witnessing a surge in domestic tourism with experts predicting a 40 per cent increase in the number of domestic trips made between 2015 and 2020, said a report. According to a report in More… |
Empower sees customer numbers surge to over 65,000UAE-based Emirates Central Cooling Systems Corporation has registered a solid growth in its customer base which soared to 65,000 by end of 2016. A major district cooling services provider, Empower said the main reason behind this More… |
Empower sees customer numbers surge to over 65,000UAE-based Emirates Central Cooling Systems Corporation has registered a solid growth in its customer base which soared to 65,000 by end of 2016. A major district cooling services provider, Empower said the main reason behind this More… |
Germany to welcome 3.6m GCC visitors by 2030The Middle East is the fastest growing inbound market for Germany in the world with numbers forecast to grow by more than 200 per cent by 2030, increasing to 3.6 million visitors annually. Since 1993, the number of overnight foreign vis More… |
Salalah Rotana expects surge in visitors for Khareef SeasonSalalah Rotana Resort, one of the largest five-star resorts in Oman, is expecting an increase in guests arrival during the much anticipated Khareef season. Gracing the Governorate of Dhofar region with misty rains and cooler tempe More… |
Oil demand boosted as global refinery capacity to reach recordOil demand is set to surge in the short-term as refining capacity hits a record, yet the gains may not hold as a flood of fuel gluts the market, eroding profit margins and eventually forcing refiners to cut runs and crude orders. More… |
Surge in oil production ‘due to Tatweer efforts’Bahrain’s oil production has been raised to levels not seen since almost 40 years ago, with efforts by Tatweer Petroleum, Energy Minister and company chairman Dr Abdulhussain Mirza has said in a report in the Gulf Daily News (GDN), More… |