Casa Arabe is committed to being a meeting point between Spain and the Arab world
uae6 hours ago
Abu Dhabi Duty Free set a new sales record in 2015, reaching Dh1.5 billion across its retail, food and beverage (F&B) and services sectors, according to its latest commercial figures. Sales were up 10.3 per cent on 2014's figures, despite increasing economic volatility worldwide.
The retail category continued its upward growth trend, rising by seven per cent to Dh1.079 billion from the Dh1.009 billion in 2014, contributing to a strong and steady 13.2 per cent compound annual growth rate, or CAGR, from 2010-2015. F&B sales recorded a 25.7 per cent increase to account for the majority of growth across Abu Dhabi Airports' businesses last year, while the services sector posted a 15.2 per cent rise, of which 26.8 per cent was fueled by airport advertising.
"The continued success of Abu Dhabi Airports is driven by the growth of the national airline," said Ali Majed Al Mansoori, chairman of Abu Dhabi Airports.
- business@khaleejtimes.com
Casa Arabe is committed to being a meeting point between Spain and the Arab world
uae6 hours ago
From stocking up essentials to ensuring safety of vehicles and properties, they take no chances
uae7 hours ago
The UAE face a tricky challenge on Friday in what could be a rain-interrupted qualifying game against Vanuatu
cricket7 hours ago
The daughter of Sheikh Mohammed married Sheikh Mana in a grand ceremony last year
uae7 hours ago
Authorities also apprehended 179 suspects across 196 operations worldwide
crime8 hours ago
The mission titled ICUBE-Q will be launched on board China's Chang'E6 from Hainan
world8 hours ago
Notable Speech and Tarifa lead an army of contenders in major Classic contests at Newmarket, England and Churchill Downs, America
sports8 hours ago
GCSE and A level board exams take place over several weeks in April, May and June for thousands of students across the world
education9 hours ago