Thursday 27 April 2017
 
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Revenue

Dubai's First Central Hotel Suites to get new revenue strategy solutions

First Central Hotel Suites in Dubai has signed an agreement with Duetto, a market leader in hotel profit optimisation technology, for its cloud-based revenue strategy application and revenue intelligence solution. Under the agreem

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Du Q1 revenue edges up 2.5pc to $863m

Emirates Integrated Telecommunications Company (du) has posted revenues of Dh3.17 billion ($863 million) during the first quarter (Q1) of the year, compared to Dh3.08 billion of Q1 2016, marking an increase of 2.5 per cent. Net pr

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Ooredoo Q1 profit up 27pc to top $42m

Telecom provider Ooredoo posted a net profit of KD12.9 million ($42.3 million) for the first quarter of the year compared with KD10.2 million for the same period in 2016, marking an increase of 27 per cent. Revenues for Q1 2017 st

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Almarai Q1: Tepid revenue growth continues

Almarai’s year-on-year (y-o-y) revenue growth, which slowed considerably in the last two quarters to approximately 1.0 - 2.5 per cent, slowed further to just 0.3 per cent y-o-y in Q1 2017, a report said. The fall is due to s

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Almarai Q1: Tepid revenue growth continues

Almarai’s year-on-year (y-o-y) revenue growth, which slowed considerably in the last two quarters to approximately 1.0 - 2.5 per cent, slowed further to just 0.3 per cent y-o-y in Q1 2017, a report said. The fall is due to s

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Bahrain telecom revenues top $1.19bn

The revenues of Bahrain’s telecom industry continued to rise, reaching BD450 million ($1.193 billion) in 2015 compared to BD430 million in 2014, the Telecommunications Regulatory Authority’s (TRA) latest Annual Market Indicators Repo

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Bahrain hotel revenues hit $9.7m during F1 weekend

Hotel revenues in Bahrain reached BD3.7 million ($9.7 million) during the Formula One weekend, with 12,000 hotel rooms booked during the event and total occupancy rate of five star hotels reaching up to 89 per cent. “We are

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Kuwait's Alargan posts 37pc jump in revenue

Alargan, a leading real estate company based in Kuwait, has reported revenues of KD26.8 million ($88.4 million) for 2016, marking an increase of 37 per cent compared to KD19.5 million ($64.3 million) the prevous year. Announcing t

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Jumeirah Zabeel Saray welcomes new revenue director

Jumeirah Zabeel Saray, the award-winning Ottoman inspired luxury resort on Palm Jumeirah, has appointed Anas Shahin as revenue director to oversee the successful execution and continuous development of revenue management for the resort.

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Dafza net profit surges 16pc in 2016

The Dubai Airport Freezone Authority (Dafza) performed strongly in 2016, achieving a 16 per cent growth in its net profit over the previous year and posting a two per cent growth in its total revenues. Announcing the results, Dafz

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