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Abu Dhabi carrier cuts losses in 2017Etihad Airways today announced its financial results for 2017, showing increased revenues and shrinking losses - the result of a strategic review of its global business. In a statement released by Etihad, it reported a 1.9 per cen More… |
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New Emerson programme to cut operational lossesEmerson, a global leader in technology and engineering, has launched Operational Certainty, a technology and engineering-based programme designed to help industrial companies achieve top performance and recover more than $1 trillion in operation More… |
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New Emerson programme to cut operational lossesEmerson, a global leader in technology and engineering, has launched Operational Certainty, a technology and engineering-based programme designed to help industrial companies achieve top performance and recover more than $1 trillion in operation More… |
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Gulf Air trims losses by 62pcGulf Air, Bahrain’s national carrier, has reported a decline of almost BD40 million ($105.37 million) in annual losses to BD24.1 million ($63.48 million) in 2015, a significant 62 per cent reduction from BD62.7 million in 2014, BNA n More… |
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Arabtec to use $272m reserves to wipe out lossesA meeting of shareholders in Dubai-listed construction firm Arabtec Holding approved on Wednesday a plan to use Dh1 billion ($272 million) of the company's statutory reserves to wipe out some of its accumulated losses. They al More… |
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Marka Q1 sales top $20mMarka, a major retail company in the UAE, reported total revenue of Dh75.73 million ($20.6 million), for the first quarter of the year. Total losses reported for the period were Dh18.13 million; however the net operating loss for More… |
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Iran suffers heavy losses in Syria battleThirteen Iranian soldiers were killed in a battle with Islamist militants over a village near the Syrian city of Aleppo, Tehran said on Saturday, in one of Iran's biggest single-day losses since it sent forces to support President Bashar Al More… |
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Asian shares erase losses, on track for weekly gainAsian shares rose on Friday, on track for weekly gains, shrugging off global losses logged after the European Central Bank eased aggressively but suggested it was running out of room to cut interest rates even if other stimulus options remaine More… |
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Oil steadies after week of heavy lossesOil prices steadied on Friday, snapping a week-long decline as investors closed positions at the end of a volatile week that saw prices slide nearly 10 per cent on renewed signs a global supply glut was here to stay. More… |
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Gulf Air cuts losses by 32.8pc to $165mGulf Air, Bahrain’s national carrier, posted its strongest financial results in a decade during 2014, reducing its annual losses from BD93.3 million ($245.759 million) in 2013 to BD62.7 million ($165.156 million) in 2014, which works out t More… |
