#H1 2024

Dubai limo sector sees surge in passenger nos in H1 2024 image RTA_X

Dubai riding in style with 50% bump in limo passengers

The sector saw passenger numbers surge to nearly 38 million, driven by an influx of new providers and enhanced services

Autoterminal Khalifa Port's ro-ro vehicle volumes rise 30% in H1' 24

Autoterminal Khalifa Port’s ro-ro vehicle volumes rise 30%

Autoterminal Khalifa Port is strategically positioned, hosting three of the world’s top five container shipping lines

Salik H1 2024 results

Salik announces H1 results, approves interim dividend of Dhs544.8m

Salik registered 238.5 million revenue-generating trips in H1 2024, reflecting a 4.9 per cent increase year-on-year

AD Ports X

AD Ports Q2 net profit surges 42% to Dhs439m

AD Ports Group’s revenue more than doubled YoY to Dhs4.18bn in Q2, with the number touching Dhs8.06bn for H1,  a 108 per cent YoY increase

DEWA announces H1 2024 results

DEWA reports H1 net profit at Dhs2.6bn, revenue growth of 7.3%

As of June 30, the utilities major had 1,236,845 electricity and water customer accounts, an increase of 52,134 (4.4 per cent) compared to the same period last year

Spinneys H1 net profit rises 15.2%, to pay out interim dividend of Dhs102.6m

Spinneys H1 net profit rises 15.2%, Dhs102.6m in interim dividend approved

The company’s gross profit rose by 12.3 per cent year-on-year to Dhs659m, with a gross profit margin of 41.3 per cent, up 90 basis points from the previous year

Saudi's ACWA Power sees net profit surge 36% in H1 2024

Saudi’s ACWA Power sees net profit surge 36% in H1 2024

ACWA Power continued its expansion through the period, adding a record 10.5GW of renewable power generation capacity to its portfolio

Alpha dhabi reports H1 2024 results Image courtesy WAM

Alpha Dhabi reports Dhs6.7bn in net profit for H1 2024

Despite a decrease in total gains to Dhs2bn, attributed to the de-recognition of PureHealth in 2023 and the adoption of corporate tax in the UAE, the group’s overall net profit remained strong

Dubai Prime Properties demand and supply q2 2024, - Knight frank Image: Getty Images

Prime properties: 190 deals over $10m recorded Dubai in H1; supply drops

Knight Frank says the dramatic rise in demand and corresponding supply crunch in the prime residential market reflect Dubai’s growing appeal among the global elite

DMCC attracts 160 Indian companies in H1 2024 as trade corridor booms

DMCC attracts 160 Indian companies in H1 2024 as trade corridor booms

India and South Asia hold strategic importance for DMCC, particularly in sectors like technology, precious stones and agriculture

DWTC to host over 70 exhibitions in H1 2024

Dubai: DWTC to host these key exhibitions, conferences in H1 2024

The upcoming events will take place across two venues – DWTC and Dubai Exhibition Centre (DEC) at Expo City Dubai