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Accor Group revenues top $5.87bn in 2024, up 11%Accor Group reported a revenue of €5.606 billion ($5.873 billion) in 2024, up 11% from 2023, while consolidated recurring EBITDA came to €1.12 billion, a new record for Accor and up 12% versus FY 2023. More… |
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GCC attracted 68.1m international visitors in 2023GCC countries welcomed 68.1 million international visitors in 2023, with tourism revenues amounting to $110.4 billion for the same year, according to GCC Secretary General Jasem Albudaiwi. The vist More… |
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KSA completes fiscal sustainability plan with key achievementsSaudi Arabia has completed the executive plan for its Fiscal Sustainability Programme, which is part of Saudi Vision 2030, with several remarkable results, including raising non-oil revenues from SAR186 billion ($50 billion) in 2016 to More… |
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Global tourism recovers to pre-Covid levels; Mideast strongestAn estimated 1.4 billion tourists travelled internationally in 2024, indicating a virtual recovery (99%) of pre-pandemic levels, according to the latest World Tourism Barometer from UN Tourism. This repre More… |
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Emaar 9-month net profit before tax jumps 24% to $3.4bnEmaar recorded total revenues of AED23.8 billion ($6.5 billion) and a net profit before tax of AED12.4 billion ($3.4 billion) for the first nine months of 2024, achieving growth of 30% and 24% over the same period last year. More… |
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ADNH Catering posts $326 million revenue for 9M 2024ADNH Catering, a leading food and support services provider in the UAE, said it has posted a revenue of AED 1.2 billion ($326 million) during the first nine months of 2024, while announcing its unaudited financial results for the three-month and More… |
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ADNH Catering posts $326 million revenue for 9M 2024ADNH Catering, a leading food and support services provider in the UAE, said it has posted a revenue of AED 1.2 billion ($326 million) during the first nine months of 2024, while announcing its unaudited financial results for the three-month and More… |
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Tecom 9M net rises 23pc to $257m driven by record revenuesTecom Group, the creator of specialised business districts and vibrant communities, reported a record nine-month (9M) result, with a 10% rise in revenue to AED1.7 billion and a 23% increase in net profit to AED943 million ($257 million). More… |
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Tecom 9M net rises 23pc to $257m driven by record revenuesTecom Group, the creator of specialised business districts and vibrant communities, reported a record nine-month (9M) result, with a 10% rise in revenue to AED1.7 billion and a 23% increase in net profit to AED943 million ($257 million). More… |
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Qatar expected to double economy by 2031: StanchartQatar possesses the ability to restore government revenues to pre-2014 oil price shock levels and is on track to double the size of its economy by 2031, said Standard Chartered's (Stanchart) global research. More… |
