Thursday , 25 December 2025

Recent Posts

DP World’s volume up 3.7%

  Dubai / WAM DP World Limited handled 15.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first quarter of 2016, with gross container volumes growing by 3.7% on a reported basis, and up 2.4% on a like-for-like1 basis, DP World Chairman, Sultan Ahmed Bin Sulayem, said today during a meeting the Annual General …

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UAE gears up for big bite of US$140bn Halal sector

  RITIKA SHARMA / Emirates Business With global Halal industry growing, UAE-based hotels are gearing up to grow their share in the segment. Halal sector was worth US$140 billion in 2014, representing around 13 percent of global travel expenditure, and this figure is expected to reach US$233 billion by the year 2020. Glenn Nobbs, General Manager, Copthorne Hotel Dubai, one …

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Tabreed’s Q1 net profit rises by 4%

  SUNAINA RANA / Emirates Business Abu Dhabi-based National Central Cooling Company, Tabreed has announced an increase in its 2016 first quarter results. Tabreed has witnessed a robust growth of 4 percent and posted AED63 million in their quarterly financial results. Considering the financial performance of the company, it seems to continue its drive towards strong and effective operations across the …

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