Tag: billion

Dubai utility reports record H1 net profit of AED3.33 billion, plans AED3.1 billion dividend

DEWA posts highest-ever first-half revenue, EBITDA and profit as customer growth, rising…

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UAE’s GDP grows by 3% to AED485 billion in first quarter of 2026

The UAE's real gross domestic product grew by 3 per cent in…

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Emaar revenue rises 21% to AED23.9 billion in H1 2026, profit and EBITDA up

Emaar has one of the region's largest and most diversified master-planned land…

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Empower reports 16.2% rise in H1 net profit to AED468 million as revenue tops AED1.5 billion

District cooling provider expands capacity, signs 61 new contracts and surpasses 2…

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AED13.5 billion in loans receive repayment deferrals under UAE support package

More than 135,000 customers benefit from Central Bank measures as banking sector…

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Treasury Sukuk and Bonds auctions attract AED4.83 billion in bids

AED1.1 billion issuance oversubscribed 4.4 times as investor demand reflects confidence in…

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Google rivals line up seeking damages after record $1 billion fine

Alphabet's search giant is now facing lawsuits from smaller rivals across Europe,…

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Emirates Islamic operating profit rises to $599 million as assets hit $41.9 billion, financing grows 9.1 percent

Higher funded and non-funded income supported operating profit and balance-sheet growth Emirates Islamic…

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Emirates Islamic H1 2026 operating profit rises 10% to Dh2.2 billion

Assets rise to Dh153.8 billionTotal assets increased 5.5% from the end of…

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Saudi Islamic banking share hits 76 percent as UAE targets over $697 billion by 2031 amid Gulf resilience

Gulf Islamic banks remain resilient as stable deposits and capital buffers offset…

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