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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Emirates Islamic Q1 profit $394m

The bank's quarterly profit surpassed the AED 1bn mark for the first time. (WAM)
By TRENDS Desk
April 22, 2025 10:24 pm
  • Total income rose 8 percent year-on-year to AED1.45 billion ($394 million) in Q1 2025.
  • Operating profit increased by 5 percent compared to Q1 2024, while the net profit margin remained robust at 3.85 percent.

Dubai, UAE — Emirates Islamic’s quarterly profit surpassed the AED1 billion milestone for the first time, growing 24 percent year-on-year compared to the same period last year.

The strong performance was supported by continued positive business sentiment in the UAE, which drove both funded and non-funded income higher. Total income rose 8 percent year-on-year to AED1.45 billion ($394 million) in Q1 2025.

Operating profit increased by 5 percent compared to Q1 2024, while the net profit margin remained robust at 3.85 percent.

Total assets climbed 11 percent to AED 123 billion during the first quarter. Customer financing grew by 7 percent to AED 75 billion, and customer deposits rose by 8 percent to reach AED 83 billion.

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