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Company News

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

DFM reports higher H1 trading activity as profit reaches $121 million

Dubai, UAE -- Dubai Financial Market (DFM) reported a net profit before tax of AED443.2 million ($121 million) for the...
  • Average daily traded value climbed 45.1 percent to AED1.004 billion as average daily trades increased 35.4 percent year-on-year.
  • DFM attracted 42,864 new investors, with international investors representing 71.4 percent of registrations and foreign trading reaching 51 percent.

2PointZero reports strong H1

Expansion drives earnings, revenue growth.
  • Group completed TAQA stake sale and acquired Traverse Midstream Partners, expanding North American energy infrastructure footprint.
  • Investments in Tendam, ISEM Packaging and WHOOP supported growth as shares gained wider market visibility through ADX derivatives listing.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings
  • Borouge restored full production availability ahead of schedule after April Ruwais incident, maintaining customer deliveries through alternative logistics routes.
  • Company maintained annual dividend intention as Borouge 4 expansion and Borouge International integration advanced despite regional disruptions.

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.
  • Earnings before interest, tax, depreciation and amortisation (EBITDA) reached AED17.7 billion, up 13.1 percent year-on-year.
  • The Group also completed the sale of 12.5 percent of its 50.03 percent stake in Careem Technologies to Uber for a total consideration of AED367 million.

TECOM profit up 9%

Revenue, occupancy drive earnings higher
  • Occupancy reached 97 percent as demand for Grade-A offices, industrial assets and land leases supported higher rental income.
  • Board approved AED440 million interim dividend while funds from operations climbed 12 percent on diversified revenue streams.

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow
  • Aircraft lessor expanded fleet investments through new co-investment platforms targeting approximately $15 billion in aircraft assets over five years.
  • Revenue increased alongside strong operating cash flow as DAE completed acquisitions, aircraft sales and more than 100 lease agreements.

EasyLease H1 profit $12.2m

Revenue rises on stronger operations.
  • Fleet exceeded 50,000 mobility assets as logistics expansion and higher utilisation supported profitability across transport and warehousing operations nationwide.
  • Etihad Rail shuttle operations contributed early gains through integrated first-mile and last-mile services linking Abu Dhabi passenger destinations efficiently.

Sanad posts record revenue

Growth driven by global demand for services.
  • Company expanded engine portfolio to 17 assets and increased annual workforce 44 percent as it broadened aerospace capabilities.
  • Sanad invested over $218 million in infrastructure, including new repair and testing facilities, to support long-term aviation growth.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.
  • Net interest income climbed 45 percent to AED465 million ($126.6 million), supported by growth across the bank's core businesses.
  • The lender said its total capital ratio strengthened by 463 basis points to 18.7 percent, while its cost-to-income ratio remained at 29%, reflecting continued cost discipline.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year
  • Net financing assets grew 7 percent since the start of the year to AED281 billion after the bank extended AED43 billion in new financing during the period.
  • Customer deposits rose 2 percent to AED327 billion, while total assets increased to AED423 billion.

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Latest News

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

TECOM profit up 9%

Revenue, occupancy drive earnings higher
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

EasyLease H1 profit $12.2m

Revenue rises on stronger operations.
  • Fleet exceeded 50,000 mobility assets as logistics expansion and higher utilisation supported profitability across transport and warehousing operations nationwide.
  • Etihad Rail shuttle operations contributed early gains through integrated first-mile and last-mile services linking Abu Dhabi passenger destinations efficiently.

Sanad posts record revenue

Growth driven by global demand for services.
  • Company expanded engine portfolio to 17 assets and increased annual workforce 44 percent as it broadened aerospace capabilities.
  • Sanad invested over $218 million in infrastructure, including new repair and testing facilities, to support long-term aviation growth.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.
  • Net interest income climbed 45 percent to AED465 million ($126.6 million), supported by growth across the bank's core businesses.
  • The lender said its total capital ratio strengthened by 463 basis points to 18.7 percent, while its cost-to-income ratio remained at 29%, reflecting continued cost discipline.