Thursday 28 March 2024
 
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Ebitda

AccorHotels aims to double EBITDA by 2022 to $1.36bn

AccorHotels, a multinational hospitality company, is aiming to double its EBITDA (earnings before interest, tax, depreciation and amortization) between 2017 and 2022, to reach €1.2 billion ($1.36 billion), its chairman and CEO said.

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Senaat reports $92.8m net profit for H1

Senaat, a leading industrial investment holding company in the UAE, has reported a 6 per cent increase in net profit and 2 per cent increase in EBITDA for the first half of this year, compared to the second half of 2015.   Af

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Topaz 9-month earnings up 17pc to $144m

Topaz Energy and Marine, a leading offshore support vessel company, has posted EBITDA (earnings before interest, taxes, depreciation, and amortization) of $144.2 million for first nine months of the year, marking an increase of 17.5 per cent ove

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Media business 'to top stock indices'

For the first time in five years, the media and entertainment industry is expected to outperform the major stock market indices in 2013, according to a new report. Overall revenue and EBITDA (Earnings Before Interest, Taxes, Depre

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Agility Q2 profit up 49pc to $40m

Agility, a logistics major based in Kuwait, today reported a net profit of KD11.5 million ($40.29 million) for the second quarter of 2013, as compared with KD7.7 million for Q2 2012, marking a rise of 49 per cent.  

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OCI reports 31pc drop in Q3 income

  Egypt's Orascom Construction Industries (OCI) reported on Wednesday a 31 percent drop in net income for the third quarter of 2012 to $126.8 million, that was near the top end of analyst forecasts.  

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Zain Q1 net income soars 40pc to $251m

Kuwait-based telecom operator Zain on Wednesday announced robust first quarter growth with its net income soaring 40 per cent to KD69.9 million ($251.1 million) compared to the same period last year. Announcing the consolidated financial r

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Citigroup raises DP World price target

Citigroup raised its price target on the stock of Dubai's DP World by 16 cents, and said it expects the government-controlled port operator to seek further terminal concessions and bolt-on acquisitions, afforded by a rapidly de-leveraging bala

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Gold rebounds after hitting 13-month low

Gold bounced after falling to its weakest in 13 months on Thursday, but a surging dollar against the euro capped gains and a sell-off in equities could still drive investors to sell bullion to pay losses. Platinum slipped almost 6 percent

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