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Gulf Navigation reports $2.78m gross Q1 profit
(Trade Arabia - 16/05/2018)

Dubai-based Gulf Navigation Holding has reported a gross profit of Dh10.15 million ($2.78 million) in the first quarter (Q1) of 2018, a 5 per cent increase in comparison to the first quarter of 2017.<br/><br/> This announcement comes consequently with

Air Arabia posts Q1 net profit of $29.9m
(Trade Arabia - 11/05/2018)

Leading low-cost carrier Air Arabia has reported a strong Q1 net profit of Dh110 million (29.9 million), an increase of 8 per cent compared to the corresponding 2017 figure.<br/><br/> In the same period, the airline posted a turnover of Dh877 million

Air Arabia reports strong first quarter 2018 net profit of AED110 million, up 8%
(Press Release - 10/05/2018)

Air Arabia PJSC today reported strong financial results for the first quarter of 2018 as the Middle East’s first and largest low cost carrier continued to deliver solid commercial and operational results. <br/><br/> Air Arabia reported a net profit of

Bahri adds new VLCC to boost oil fleet strength
(Trade Arabia - 10/05/2018)

National Shipping Company of Saudi Arabia (Bahri), a leader in logistics and transportation, has taken the delivery of ‘Amad’, a very large crude-oil carrier (VLCC), further enhancing its market-leading capabilities in crude oil transportation.<br/><br/>

KGL AGM proposes 5% dividend, 15% bonus shares
(Arab Times - 06/05/2018)

The Board of Directors of Kuwait and Gulf Link Transport Company (KGL) met on Thursday and approved the financial statements for the year ended Dec 31, 2017. The company’s revenues amounted to KD 64.8 million. The total expenses amounted to KD 52.1

Aramex Q1 revenue surges to $324m, net profit up 13pc
(Trade Arabia - 04/05/2018)

Aramex, a leading global provider of comprehensive logistics and transportation solutions based in Dubai, UAE, said its revenue for the first quarter grew 8 per cent to Dh1.19 billion ($324 million) from last year's Dh1.1 billion ($299 million), thanks

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