Milaha’s bottomline inched up 2% to QR 1 bn in 2023

EARNINGS-

Qatar’s Milaha recorded a 2% y-o-y bottomline increase to QR 1.03 bn in 2023, according to a press release. The company’s topline dropped 11.6% y-o-y to QR 2.94 bn.

OTHER STORIES WORTH KNOWING THIS MORNING-

• Shipbuilder Timsah to build 4 tugboats for Suez Canal: Timsah Shipbuilding Company, a subsidiary of the Suez Canal Authority, is set to build four Azima tugboats for use in the Suez Canal. (Statement)
• Legislator calls for Gulf Air name change: Bahraini Shura Council member Al Ahmed Al Haddad has called for Bahrain’s national airline Gulf Air to change its name to reflect its status as the country’s flagship airline. (Zawya)