Profits

The results demonstrate the company’s ability to perform in a challenging environment while maintaining profitability and cash flow strength

While airfreight volumes are expected to grow at a high single‑digit rate in the quarter, seafreight volumes are forecast to rise only at a low single‑digit pace year on year

Air Arabia reported a net profit of Dhs1.42bn, a 13 per cent rise over the same period last year, with total revenues reaching Dhs5.49bn

As the peak demand season gradually ends, prices have yet to reflect expectations of mounting oversupply pressures

The tech giant posted its fastest revenue expansion since 2021, bolstered by a surprising 4 per cent rise in sales in Greater China

This is the first financial year that the UAE corporate tax, enacted in 2023, is applied to the Emirates Group

The results come as FAB undergoes a restructuring aimed at strengthening its business in the Gulf and boosting shareholder return

The company’s Board of Directors proposed a dividend of Dhs619.8m, which is to be paid in the first half of 2025 (H1)