Browsing: financial performance

Emaar Properties has sanctioned a full dividend distribution of AED 8.8B ($2.4B) following approval at its Annual General Meeting (AGM).

Air Arabia’s shareholders have endorsed a 25 percent cash dividend distribution for the fiscal year ending 31 December 2024, during the company’s Annual General Meeting (AGM).

Dubai Investments recorded a net profit before tax of Dh1.3 billion for the fiscal year…

Yalla Group Limited reported total revenue of AED 1.2B ($339.7M) for the full year, marking a 6.5% rise from AED 1.1B in 2023.

Abu Dhabi National Insurance Company (ADNIC) has approved a 45% cash dividend, amounting to AED…

e& has reported a record-breaking net profit of AED 10.8 billion for 2024, reflecting a…

Etihad Airways delivered a robust financial performance in 2024, recording a net profit of AED 1.7bn ($476m), driven by significant growth in passenger and cargo revenues.

Dubai Islamic Bank, the UAE’s largest Islamic bank, reported a total income of AED 23.34 billion ($6.36 billion) for 2024, marking a 15.9 per cent increase from AED 20.14 billion ($5.49 billion) in 2023. Pre-tax profit rose by 27 per cent to AED 9 billion ($2.45 billion), while net profit grew 16 per cent to AED 8.17 billion ($2.22 billion).

IHC, a global investment firm focused on creating value-driven networks, has reported its preliminary financial results for 2024, with revenue rising by 54.4% to AED 92.8 billion from AED 60.1 billion in 2023.

Dana Gas, headquartered in the UAE and recognised as the largest private natural gas entity in the region, reported a 15% year-on-year (YoY) increase in net profit for Q4 2024, amounting to AED 143 million (USD 39 million). The rise was attributed to enhanced revenue and reduced financing costs. The company also indicated plans to reinstate dividend payments.