#H1 2022 financial results

Seera Group announces Q2 2022 results

Saudi travel services provider Seera Group reports strong growth in Q2 2022

Seera Group’s gross booking value increased by 108 per cent to SAR2.5bn in Q2 2022, up from SAR1.2bn in Q2 2021

Majid AL Futtaim announces H1 2022 results

Majid Al Futtaim reports 18% rise in EBITDA to Dhs1.9bn, revenue rises 15% to Dhs18bn

Majid Al Futtaim – Properties’ revenue rose 51 per cent to Dhs2.4bn, while EBITDA was up 27 per cent to Dhs1.4bn

GFH announce H1 2022 results: Ghazi Al Hajeri, Hisham Al Rayes

GFH Financial Group net profit attributable to shareholders rises 13.9% to $42.18m

Total income for H1 2022 was $182.76m versus $181.01m for the 2021 period, an increase of 1 per cent

Arab Islamic Insurance Company Salama Chairman Jassim Alseddiqi

UAE’s Salama reports net profit of Dhs19.20m for H1 2022

The first half of the year saw Salama establishing new strategic tie-ups with banks in the UAE to provide omnichannel Takaful solutions to bank customers

EMAAR announces H1 2022 results

UAE’s Emaar reports robust H1 2022 revenue of Dhs13.575bn

Emaar’s hospitality division saw its revenue grow by 64 per cent compared to H1 2021, reflecting the tourism sector’s robust post-pandemic recovery

DEWA announces Dhs12.08bn revenue in H1 2022

DEWA announces net profit of Dhs3.30bn for H1 2022

DEWA also reported its second quarter 2022 financial results, recording quarterly revenue of Dhs7.01bn and net profit of Dhs2.61bn

Dubai Investments H1 2022

Dubai Investments announces net profit of Dhs364m for H1 2022

The growth in the profit was driven by the continued strong performance of the group’s manufacturing, contracting and services segment

Abu Dhabi National Insurance Company post h1 2022 results

Abu Dhabi National Insurance Company reports net profit of Dhs186.9m for H1 2022

ADNIC reported that gross written premiums increased by 20.9 per cent to Dhs3.23bn in H1 2022, compared to Dhs2.67bn for the same period in 2021

Air Arabia annouces h1-2022-results.

Air Arabia reports net profit of Dhs451m in H1 2022

More than 5.2 million passengers flew with Air Arabia between January and June 2022 across the carrier’s five hubs

TAQA-Generation Abu Dhabi

Abu Dhabi National Energy Company reports net income of Dhs4.3bn in H1 2022

The group revenues were Dhs25.4bn, 15 per cent higher than the prior-year period, primarily due to higher commodity prices within the oil & gas segment

Yahsat-H1 2022 figures

Yahsat H1 2022 revenues rise by 8.1% YoY, with net income increasing by 50.7%

Yahsat reported that its revenue reached Dhs755m ($206m) and the net income reported was Dhs167m

Syed Basar Shueb, IHC’CEO

International Holding Company’s H1 2022 net profit rises 137 per cent to Dhs10.35bn

The holding company’s revenue grew by 121 percent to Dhs21.93bn in the first six months of 2022

ADNOC Distribution reports net profit of Dhs1.56bn in H1 2022

ADNOC Distribution reports net profit of Dhs1.56bn in H1 2022

ADNOC Distribution accelerated its growth strategy throughout H1 2022, with the opening of 12 new stations in the UAE

Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, and chairman of the EDB Board of Directors

UAE’s EDB issues Dhs2.4bn in loans to industrial sector in H1 2022

EDB mobilised Dhs351m in capital in H1 2022 to support SMEs via its credit guarantee scheme

Hamad International Airport Doha

Qatar’s Hamad International Airport records 164% rise in passenger footfall in H1 2022

According to Qatar Civil Aviation Authority, HIA recorded 15.6 million passengers in the first half of this year

Agthia group reports h1 2022 results

Agthia Group’s H1 2022 net profit rises 74% to Dhs118m

The company’s group net revenues hit Dhs2bn, up 51 per cent from last year

Tecom announces H1 2022 results

Tecom Group H1 2022 net profit rises 43.4% to Dhs428m

TECOM’s revenue increased 15.8 per cent YoY driven by higher occupancy rates across commercial and industrial segments

Apicorp H1 2022 results

Saudi Arabia-based APICORP reports net income of $52mn in H1 2022

The company’s total assets grew by 3 per cent year-on-year during 2022 to reach $8.26bn


ADCB reports 21% rise in net profit to Dhs3.059bn in H1 2022

The bank’s half-year net profit was driven by broad-based growth in net interest income, card fees and trading income underpinned by the economy’s recovery


Standard Chartered reports H1 operating profit of $581m in MEA region

The bank reported double-digit income growth in the UAE, Pakistan, and Ghana, with Pakistan delivering its highest-ever half-yearly operating profit

FAB H1 2022 results

First Abu Dhabi Bank reports net profit of Dhs8bn in H1 2022

The bank’s total income was Dhs12.5bn, up 31 per cent YoY, including a Dhs3.1bn net gain on the sale of a majority stake in Magnati

Borouge announces strong revenue growth of 16.4% YoY

Borouge announces strong revenue growth of 16.4% for H1 2022

Borouge reported that the adjusted EBITDA increased 1.7 per cent to $1,512m, whilst net income increased 2.5 per cent to $853m

Alpha Dhabi registers net profit of 7.9bn/ image: Getty images

Abu Dhabi-based Alpha Dhabi announces net profit of Dhs7.9bn in H1 2022

The group achieved revenues of Dhs17.1bn, up considerably year-on-year from Dhs5.5bn for the same period last year

Etihad Airways records $296m first-half profit

Etihad Airways reports core operating profit of $296m in H1 2022, as travel demand recovers

Eithad Airways carried 4.02 million passengers in H1 2022, over 3 million more than last year, with an average seat load factor of 75 per cent

DIB reports profit of 2.7 bn in h1 2022

Dubai Islamic Bank net profit rises 45% to Dhs2.7bn in H1 2022

Gross new financing and sukuk investments saw a significant increase of Dhs33bn during the period

ALDAR announces H1 2022 results

Aldar reports net profit of Dhs1.53bn in H1 2022, net profit in Q2 hits Dhs41m

Group sales rose to a record level of Dhs5.33bn for H1 2022, driven by strong domestic and international demand for existing inventory and launch of new properties

National Bank of Fujairah H1 2022

National Bank of Fujairah announces net profit of Dhs150.5m in H1 2022

The lender recorded year-on-year growth of 97.5 per cent to close the six month period at a net profit of Dhs150.5m

Emirates NBD’s H1 2022 profit rises 11% to AED 5.3 billion

Emirates NBD reports profit of Dhs5.3bn, its highest since 2019

Emirates NBD played a leading role in both the DEWA and TECOM IPOs, delivering customers a fully digital platform

ADIB net profits hit 1.4bn dirhams in H1 2022

Abu Dhabi Islamic Bank reports net profit of Dhs1.4bn in H1 2022

The bank’s revenue for the first half of the current year improved by 7 per cent to Dhs2.8bn compared to Dhs2.6bn last year