Milaha reports QR470m net profit for 2017
(The Peninsula - 27/02/2018)
Qatar Navigation (Milaha) yesterday announced a net profit of QR470m for the full-year 2017. Operating revenues decreased by 2 percent to QR2.491bn for the twelve months ended December 31, 2017, down from QR2.551bn for the same period in 2016. Operating
Gulf Nav gets nod to extend capital increase subscription period
(Gulf News - 22/02/2018)
Gulf Navigation said on Wednesday it has received a regulatory nod to extend the capital increase subscription period by additional five working days till March 1.<br/><br/> The allotment will be done on March 7 and the refund will happen on March 8, the
Kuwait Ports Authority tells KGL to evacuate
(Arab Times - 18/02/2018)
The Director-General of the Kuwait Ports Authority (KPA), Sheikh Yousef Al-Abdullah Al-Sabah, said the Kuwait & Gulf Link Transport Co (KGL) has been notified to evacuate 270,000 square-meters of land at Doha Port which is under dispute and is seen land
Gulf Navigation Holding achieves a 7% increase on its Gross
Profit
(Press Release - 15/02/2018)
"Gulf Navigation Holding PJSC" announced its financial results for 2017 achieving 7% increase compared to 2016 with a gross profit of AED 49 million. This achievement comes as a result of the company's vision and efficient strategic plans set to position
Aramex Announces Strong Results for 2017
(Press Release - 13/02/2018)
Aramex, the leading global provider of comprehensive logistics and transportation solutions, today announced its financial results for the Fourth Quarter and Full Year ended 31st December 2017.<br/><br/> Aramex's Q4 2017 Revenues registered double-digit
Air Arabia eyes Egypt, Morocco for growth
(Gulf News - 13/02/2018)
Air Arabia PJSC expects Egypt and Morocco to drive growth this year after the low-cost carrier posted its biggest profit on record.<br/><br/> The shares rose as much as 2.3 per cent in Dubai and were headed for their highest close in a year. The
Aramex 2017 revenue up 9pc to $1.28bn
(GDN Online - 12/02/2018)
Aramex, a leading global logistics provider, has posted revenues of Dh4.721 billion ($1.28 billion) for 2017; up by 9 per cent compared to Dh4.343 billion in 2016. <br/><br/> Aramex's Q4 2017 revenues registered double-digit growth of 14 per cent to
Air Arabia delivers record 2017 net profit of AED 662 million, up 30%
(Press Release - 12/02/2018)
Air Arabia (PJSC) today announced full-year financial results for 2017 as the Middle East and North Africa's first and largest low cost carrier once again delivered high levels of profitability and growth across the breadth of its operations.<br/><br/>
Air Arabia posts record 2017 results, net profit up 30pc
(Trade Arabia - 12/02/2018)
Sharjah-based budget carrier Air Arabia said it has once again delivered high levels of profitability and growth across the breadth of its operations for 2017 clocking a net profit of Dh662 million ($180.2 million), up 30 per cent over Dh509 million
GWC general assembly elects new board of directors
(Gulf Times - 06/02/2018)
Logistics provider GWC's general assembly has elected a new board of directors during its Ordinary Assembly General Meeting held at the Four Seasons Hotel in Doha yesterday.<br/><br/> The general assembly, in accordance with Article 27 of GWC's
Air Arabia launches second flight to Moscow
(Trade Arabia - 04/02/2018)
Air Arabia, the Middle East and North Africa's first and largest low-cost carrier (LCC), has announced the launch of its inaugural flight to Moscow's Sheremetyevo International Airport, adding a second route for travel to the Russian capital.<br/><br/>
Al Ramz appointed as co-bookrunner for Gulf Nav rights issue
(Gulf News - 01/02/2018)
Gulf Navigation Holding said on Wednesday it has appointed Al Ramz Corporation as a Co-Bookrunner to manage their Rights Issue in order to increase its capital to Dh1 billion. Al Ramz Corporation was selected following the completion of all the final
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