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Oman tourism revenues exceed $3.1bnOman's tourism revenues exceeded RO1.2 billion ($3.1 billion) at the end of last year, with a large share of the revenues coming from local tourism. According to the Tourism Statistics Bulletin issued by the Omani National Cen More… |
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UAE-Mexico non-oil trade tops $1.3bn in 2016The non-oil trade between the UAE and Mexico hit $1.3 billion during 2016, with the two countries continuing to strengthen economic ties and other trade relations at different levels, according to a Ministry of Economy report. The More… |
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UAE-Mexico non-oil trade tops $1.3bn in 2016The non-oil trade between the UAE and Mexico hit $1.3 billion during 2016, with the two countries continuing to strengthen economic ties and other trade relations at different levels, according to a Ministry of Economy report. The More… |
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2016 world’s warmest year on record: reportLast year topped 2015 as the world’s warmest year in 137 years of record keeping, according to the 27th annual State of the Climate report. The US report found that most indicators of climate change continued to follow trend More… |
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Etihad posts $1.87bn loss; impairment charges blamedUAE's Etihad Airways recorded a net loss of $1.87 billion in 2016 as one-off impairment charges and fuel hedging losses weighed against a solid performance of the core airline. It posted a total revenue of $8.36 billion. The loss, w More… |
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Oman’s non-oil exports drop to $6.2bn in 2016Oman's non-oil exports declined to RO2.4 billion ($6.2 billion) in value in 2016, down from RO3 billion ($7.79 billion) a year earlier, a drop of 20.1 per cent, said a report quoting Central Bank of Oman (CBO) data. The slump More… |
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Electric vehicles hit record 2m cars in 2016The number of electric cars on the roads around the world rose to 2 million in 2016, following a year of strong growth in 2015, a report said. China remained the largest market in 2016, accounting for more than 40 per cent of the More… |
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Electric vehicles hit record 2m cars in 2016The number of electric cars on the roads around the world rose to 2 million in 2016, following a year of strong growth in 2015, a report said. China remained the largest market in 2016, accounting for more than 40 per cent of the More… |
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UAE, Japan non-oil trade reaches $14.6bn in 2016The non-oil trade between the UAE and Japan reached about $14.6 billion in 2016, and the countries are working continuously to strengthen their economic ties and common interests, according to a recent report. The UAE Ministry of More… |
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Ducab sales up 10pc; exports rise 25pc in 2016UAE-based Ducab, a leading manufacturer of high-quality cables and cabling products, has reported strong financial performance in 2016 with 10 per cent growth in sales volumes. The company expanded its export business by 25 per ce More… |
