#H1 2022

islamic finance_ sukuks Getty images

Global sukuk issuance to hit $185bn in 2022, projected to reach $257bn by 2027, reveals study

Global sukuk issuance in the first half of 2022 raised $100.9bn, marginally lower than $104.2bn in H1 2021

UAE non oil trade crosses Dhs 1 trillion

UAE’s non-oil trade rises 17% to exceed Dhs1tn in H1 2022

The UAE’s non-oil exports were close to Dhs180bn, reflecting a growth rate of 8 per cent over the same period last year

Ajman construction contracts' value rises in H1 2022

Value of construction contracts in Ajman crosses Dhs2.1bn in H1 2022

Construction contracts in the emirate rose in value by 11 per cent compared to the two previous years

Abu Dhabi non oil foreign trade sees 12 per cent rise in H1 2022

Abu Dhabi’s non-oil foreign trade amounts to Dhs124bn in H1 2022

Abu Dhabi registered a 26 per cent growth in exports valued at Dhs49.5 billion during this period

M&A Mena region report- EY_getty

MENA region records 359 M&A deals signed worth $42.6bn in H1 2022: EY report

Domestic deals were the major contributor of merger and acquisition activity in the region, representing 48 per cent of the total deal volume in H1 2022

Vincent Wijnen, Senior Managing Director, Al-Futtaim Automotive

Al-Futtaim Automotive’s Vincent Wijnen on the factors driving the company’s performance in H1 2022 and its future plans

The senior managing director of Al-Futtaim Automotive showcases H1 highlights and brand performance, the growing focus on sustainability and the company’s future vision

Etihad Cargo revenue in H1 2022 grows by 6 per cent

UAE’s Etihad Cargo reports 6% revenue growth in H1 2022

Cargo operations delivered revenues of $802m in the first half of 2022

e& h1 2022 profits

UAE’s e& reports consolidated net profit of Dhs4.9bn for H1 2022

The number of etisalat by e& subscribers in the UAE reached 13.3 million in H1 2022, a 10 per cent year-on-year rise

Abu Dhabi property outlook Bayut & dubizzle

Abu Dhabi residential sales prices rise, rental costs drop in H1 2022: Bayut & dubizzle

Potential investors and buyers have shown an inclination toward family-friendly suburbs such as Al Ghadeer and Al Reef

batelco H1 2022 results announced

Bahrain’s Batelco achieves net profit of $100m in H1 2022

The company said operating profits decreased by 5 per cent from BD49.3m in H1 2021 to BD46.8m in H1 2022 due to increases in operating expenses 

stc Kuwait reports net profit of KD15m in H1 2022

Kuwait Telecommunications Company reports net profit of KD15m in H1 2022

The telecom company’s total revenue reached KD153.8m in the first half of 2022, with a growth rate of 10.3 per cent compared to KD139.4m in 2021

Sharjah Airport welcomes 6 million passengers in h1 2022

Sharjah Airport sees a 142.74% rise in passenger traffic in H1 022

Sharjah Airport saw more than six million passengers travel through the airport in the first half of the year

Dubai Chamber member exports and re-exports H12022

Dubai Chamber of Commerce: Member exports and re-exports exceed Dhs129bn in H1 2022

The chamber issued more than 357,000 certificates of origin between January and June 2022, marking a year-on-year increase of 9 per cent

mashreq post Dhs1.4bn net profit in H1 2022

Mashreq sees 17% rise in operating profit, posts Dhs1.4bn net profit for H1 2022

The bank reported growth of 8 per cent year-to-date in customer deposits, reaching Dhs109.3bn

UAE's NMDC group's H12022 results

UAE’s NMDC achieves net profit of Dhs403m in H1 2022

The group’s total assets currently stand at Dhs13.32bn up by 3 per cent compared to the first half of 2021

electricity and water services

Dubai’s energy demand rises by 6.3% in H1 2022: DEWA

Demand for energy in the first half of 2022 reached 23,096 GWh compared to 21,729 GWh in the first half of 2021