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07-03-14

UAE's Danube revenue up 17 percent in H2

(MENAFN) Sales revenue of Danube Group, a leading construction and home interior company in the UAE, was estimated at USD 544 million in 2013, according to Khaleej Times. Revenue rose by up to 17 percent in the second half of 2013, and expects the first half of 2014 to post 15 to 20 percent growth in sales. Danube has made several major projects for expansion in the region in the last year, and could secure significant growth. Rizwan Sajan, founder and chairman of Danube Group, said 40 per cent of the group"s business revenues are solely from the UAE.