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May 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

EBITDA

Watches of Switzerland expects sales to rise 16-21pc in FY 2022
Business & Finance

Watches of Switzerland expects sales to rise 16-21pc in FY 2022

  • "Market conditions are going to be very favourable, there's a lot of money around and people want to go out, socialise, travel again," Brian Duffy said in an interview on Thursday.
  • "We are encouraged by the outlook, and management have a track record of prudent guidance," Barclays analysts said in a note, upgrading their price target to 825 pence from 625 pence.
Published 20 May, 2021 07:41pm
UAE tuition increase freezes create uncertainty for GEMS: Moody's
World

UAE tuition increase freezes create uncertainty for GEMS: Moody's

  • "They nonetheless create a degree of uncertainty regarding GEMS' ability to increase tuition fees consistently in the future, which may further slow down its deleveraging trajectory," Moody's said.
  • The agency estimates GEMS generates around three quarters of its revenue in Dubai and Abu Dhabi, the economies of which have suffered from restrictions to stem the spread of the coronavirus.
Published 18 Mar, 2021 07:45pm