#Q1 2023 highlights

Dubai Chambers Image credit WAM Dubai Chambers Dubai Media Office

Dubai Chamber of Commerce welcomes 15,366 new member companies in Q1 2023

The first quarter saw the chamber achieve its goal of establishing more than 100 business groups from various sectors and economic activities

salik photo WAM

Toll operator Salik reports net profit of Dhs275m for Q1 2023

The toll operator reported that revenue-generating trips reached 113.6 million, exceeding the pre-pandemic peak level thanks to the recovery of economic and tourist activity, as well as mobility

Al Ansari Financial Services Q1 2023

Al Ansari Financial Services reports 7.2% rise in net profit to Dhs133m for Q1 2023

The performance is attributed to a strong increase in exchange income from bank notes, pre-paid cards products, operating leverage and rise in transactions through digital channels

Yahsat Ali Al Hashemi

Yahsat reports record Q1 2023 revenue to the tune of Dhs369m

Yahsat’s net income and earnings before interest, taxes, depreciation and amortisation both grew by 35 per cent and 4 per cent respectively year-on-year

DXB T3 Dubai International

Dubai’s DXB sees passenger traffic reach 95.6% of 2019 levels in Q1 2023

India remained DXB’s top destination country with passenger traffic reaching three million, followed by Saudi Arabia, the UK and Pakistan

Tecom Group Q1 Dubai-Media-City_web

TECOM Group’s Q1 2023 net profit rises 34% to Dhs255m

The group’s Q1 revenue touched Dhs514m, a 6 per cent year-on-year increase on the back of sustained occupancy levels and high retention rates