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FINANCIAL NEWS
UAE’s Danube posts 16% sales growth in H1
29 Aug 2014
(MENAFN) Danube Group announced it achieved a continuous sales growth of 16 percent in January-June period, due to the launch of their real estate division, Danube Properties and the re-branding of Danube Buildmart as Danube Home, Khaleej Times reported
The company announced that 40 percent of its business revenue is mainly from the UAE, while 30 percent came from Saudi Arabia, 20 percent in Oman and 10 percent from other markets.
The growth was also attributed to the retail division of the company, which posted a growth of 18 percent compared to the same period last year.
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