Air Arabia said on Monday its shareholders have approved 9 per cent or a total of Dh420 million as dividends at its annual general assembly meeting. Shareholders also approved the financial statements for the year ending December 2015, Air Arabia said in
Qatar Navigation announced Sunday first quarter profits of QR 352 million, down from the QR365 million achieved during the same period of last year. The Earnings per Share was QR 3.10 for the first quarter of 2016, three months’ period ended March 31,
Aramex posted a 12 per cent increase in first quarter net profit, beating analysts’ expectations, as the Dubai courier group grew its various businesses. Net profit in the three months to March 31 rose to Dh96.9 million, up from Dh86.6m in the same
GWC, a leading provider of logistics and supply chain solutions in Qatar, has registered a 15 per cent year-on-year net profits which soared to QR46.5 million ($12.7 million) compared to QR40.4 million ($11.07 million) last year. The company’s revenue
Gulf Navigation Holding PJSC (GulfNav), the Dubai-based shipping company, has announced in a press conference at Rose Rayhaan by Rotana today (Tuesday, April 19, 2016), its key expansion plans to increase its assets under management and service-based
Saudi Arabian Airlines (Saudia), the kingdom's national carrier, has announced the launch of a new low cost service, said a report. The new airline, which has been named Flyadeal, will serve both domestic and international routes, said an SPA report.
Aramex said yesterday it postponed its annual general meeting on April 24 due to lack of quorum. The company said in a statement posted on the Dubai Financial Market that the meeting will take place at the same time and place. Aramex’s 2015 revenues rose
Gulf Navigation has appointed a new group chief executive, alongside its second new board of directors in three months, following significant changes in ownership. The Dubai-based shipping firm yesterday named Khamis Juma Buamim, who served as chairman