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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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