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FINANCIAL NEWS
FlyDubai aims to expand in the GCC, Eastern Europe and Africa
08 Mar 2016
(MENAFN) FlyDubai predicts this year to be hard, but it plans to increase capacity in the GCC and spread business in Eastern Europe and Africa.
However, it has posted a 60 percent fall in last year’s net income as tough market situations, its fuel hedging policy and the stronger dollar hit the firm’s earnings.
Although 2015 the company declined its profit, but it also increased its passengers’ revenue by 30 percent.
The firm turned around its performance in the second half to turn a full-year profit of USD 27.41mn, supported by lower fuel prices and efforts to manage costs.
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BBK discloses its financial results for the half year ended 30th June 2025
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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