#H1 2024 highlights

City Center Al Zahia

Majid Al Futtaim reports H1 net profit of Dhs1.6bn

Majid Al Futtaim Properties delivered a record performance, driven by the success of UAE-based shopping malls and strong consumer confidence

DWTCA sees strong growth in H1

DWTCA sees registered companies grow by 19 per cent in H1

According to the latest figures, the DWTCA Free Zone saw a substantial 21 per cent rise in the number of tenants, reaching 2,735 in H1

RAK Properties posts 19% rise in H1 revenue amid strong demand

RAK Properties posts 19% rise in H1 revenue amid strong demand

The company’s profit before tax also saw an 11 per cent uptick, reaching Dhs98m, as it continued to invest heavily in its development pipeline

Burjeel Medical City

Burjeel Holdings’ H1 net profit rises 5.9% to Dhs238m

Burjeel Holdings remains focused on expanding its oncology services, which are expected to play a key role in boosting future revenue streams

Arab exchanges' market cap crosses $4.17tn in H1, reveals AMF report

Arab exchanges’ market cap crosses $4.17tn in H1, reveals AMF report

Leading the pack is the Saudi Exchange (Tadawul), with a market value of $2.68tn, solidifying its position as the largest in the region

Emaar Development reports 56% rise in property sales for H1

Emaar Development reports 56% rise in property sales for H1

In  H1 2024, the company reported revenue of Dhs7.3bn ($2bn) and EBITDA of Dhs3.4bn ($922m)

Saudi Arabia welcomes 60 million visitors in H1 2024

Saudi Arabia welcomes 60 million visitors in H1 2024

Saudi Arabia witnessed a 22.9 per cent increase in visitor spending in Q1 2024 compared to the previous year

Emaar showcases H1 highlights, focused on 'transforming communities'

Emaar showcases H1 highlights, focuses on ‘transforming communities’

Emaar Development recorded 30 project launches, resulting in the sale of 8,400 units in the first six months, reflecting a 56 per cent growth over H1 2023