#net profit

ADNOC L&S nine-month net profit up 162%

ADNOC L&S nine-month net profit up 162%, announces interim dividend

The company’s board of directors approved an interim cash dividend of $65m (Dhs239m) for Q2 2023, equivalent to 3.2 fils per share

Commercial Bank of Dubai posts 41.5 jump in H1 profit

Commercial Bank of Dubai posts 41.5% jump in H1 profit

The bank reported an operating income of Dhs2.5bn in the first six months of 2023, up 41.9 per cent from Dhs1.7bn for the same period a year earlier

UAE’s First Abu Dhabi Bank branch

First Abu Dhabi Bank’s Q1 2023 net profit up 70%

The banking group’s operating income jumped 51 per cent YoY to reach Dhs6.7bn compared to Dhs4.5bn in the first quarter of 2022

Air Arabia

UAE’s Air Arabia to distribute 15% dividend for 2022

The dividend is equivalent to 15 fils per share

empower Dubai

Dubai: Empower’s net profit tops Dhs1bn for 2022

The company proposed a dividend amount of Dhs425m for the second half of 2022

Abu Dhabi's ADNOC Distribution reports 22% rise in net profit for 2022

Abu Dhabi’s ADNOC Distribution reports 22% rise in net profit for 2022

The ADX-listed company reported a 15 per cent year-on-year growth in EBITDA, totalling Dhs3.52bn in 2022

Dubai Financial Market Company posts 41.7% rise in net profit in 2022

Dubai Financial Market Company posts 41.7% rise in net profit in 2022

DFM welcomed 167,332 new investors, bringing its investor base to over one million

Agthia Group

Agthia Group reports 14% rise in net profit for 2022

Agthia Group’s total assets stood at Dhs6.8bn as at December 31, 2022

developer portal

Abu Dhabi Islamic Bank reports 55% rise in net profit for 2022

The lender reported revenue worth Dhs6.8bn in 2022, up 23 per cent year-on-year

National Bank of Kuwait reports $1.7bn in net profit for 2022

The lender’s board of directors proposed a cash dividend of 25 fils per share for the second half of 2022, bringing total cash dividends for the year to 35 fils

Dubai Islamic Bank

2022: Dubai Islamic Bank reports highest ever net profit

The bank reported Dhs14bn in total income for 2022, registering a 20 per cent year-on-year rise

Qatar's QNB reports 9% rise in net profit to hit $3.9bn

2022: Qatar’s QNB reports 9% rise in net profit to hit $3.9bn

The lender’s operating income increased 24 per cent to reach $9.6bn

UAE’s Tabreed reports Dhs400m in nine-month net profit

The group revenue increased by 13 per cent to total Dhs1.66bn for the first nine months of the year

DEWA

Dubai’s DEWA reports 21% rise in net profit for Jan-Sep 2022

By the end of the third quarter, DEWA served 1,143,153 customers, representing a 4.89 per cent year-on-year increase

FY 2022-23: Dubai's Emirates records $1.2bn in half-year net profit

FY 2022-23: Dubai’s Emirates records $1.2bn in half-year net profit

The group’s revenue stood at $15.3bn for the first six months of 2022-23, up 128 per cent from $6.7bn last year

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Abu Dhabi’s Fertiglobe reports 84% rise in adjusted net profit for Q3 2022

The company’s Q3 2022 revenues increased 52 per cent year-on-year to total $1.32bn

Dubai Financial Market Company

Dubai Financial Market Company posts 133% rise in net profit for nine-month period

The company’s total revenue reached Dhs237.8m during the first nine months of the year

Emirates NBD

Emirates NBD reports 25% rise in net profit for first nine months of 2022

The lender posted total income of Dhs22.7bn, rising 31 per cent year-on-year

National Bank of Fujairah posts 155.1% rise in nine-month net profit

National Bank of Fujairah posts 155.1% rise in nine-month net profit

The lender posted an operating profit of Dhs932.5m for the first nine months of the year, marking a 25.1 per cent rise compared to the previous year

ADIB reports highest quarterly net profit for Q3 2022

ADIB reports highest quarterly net profit for Q3 2022, crossing Dhs1bn

The bank registered Dhs2.45bn in net profit for the first nine months of 2022

Dubai Islamic Bank

Dubai Islamic Bank posts 34% rise in group net profit for Q1-Q3 2022

The bank reported total income of Dhs9.873bn, rising 10 per cent year-on-year, compared to Dhs8.94bn last year

Abu Dhabi's ADCB reports 22% rise in net profit for first nine months of 2022

Abu Dhabi’s ADCB reports 22% rise in net profit for first nine months of 2022

The bank posted a 10 per cent rise in net interest income, totalling Dhs7.275bn

Saudi British Bank reports 26% rise in net profit for Q3 2022

The bank’s loan portfolio grew to SAR189bn, marking an increase of 4 per cent during the third quarter

Emirates Global Aluminium

UAE’s Emirates Global Aluminium reports $1.6bn in net profit for H1 2022

The company’s revenue for the first half of the year stood at $5bn, compared to $2.9bn in H1 2021

Qatar Airways

Qatar Airways Group reports highest net profit in 25-year history

The group recorded a net profit of $1.54bn during the fiscal year 2021/22

Investment Corporation of Dubai

Investment Corporation of Dubai reports Dhs10.1bn in net profit for 2021

Its revenues for 2021 equalled Dhs169.4bn, up 24.5 per cent compared to the previous year

Julphar

UAE’s Julphar records Dhs1.9m in net profit for Q1 2022

Julphar recently announced its 2030 growth strategy

Emaar signs deal with Dubai Holding to acquire Dubai Creek Harbour

Dubai’s Emaar Properties records 241% increase in net profit for Q1 2022

Emaar Properties’ revenue for the first quarter of the year increased by 12 per cent to total $1.806bn

Air Arabia

Air Arabia reports Dhs291m in net profit for Q1 2022

More than 2.4 million passengers flew with Air Arabia between January and March 2022, across the carrier’s five hubs

Agthia Group

UAE’s Agthia Group posts 64% year-on-year rise in net profit for Q1 2022

Agthia’s quarterly net revenues surpassed Dhs1bn for the first time since inception