Emirates

Korea large firms’ exports rise 10% YoY in Q4

SEOUL, 10th February, 2026 (WAM) — Exports by large companies in the Republic of Korea rose by approximately 10 percent year-on-year (YoY) in the fourth quarter, driven by increased global demand for semiconductors, government data showed on Tuesday. Outbound shipments from the top 917 of the country’s 70,223 exporting firms came to US$128.1 billion as […]

Emirates

NMDC Group’s net profits surge 29% y-o-y to surpass AED4.0 billion mark for first time

ABU DHABI, 5th February, 2026 (WAM) — NMDC Group, a global leader in engineering, procurement, construction and marine dredging, on Thursday announced a strong set of financial results for 2025, reporting revenues of AED28.8 billion, up 10 percent y-o-y, with the UAE representing 81 percent of total revenues and international markets representing the remaining 19 […]

Emirates

ADNOC L&S Q2 revenue up 40% YoY to $1,258 million

ABU DHABI, 12th August, 2025 (WAM) — ADNOC Logistics and Services plc (ADNOC L&S) today reported record-breaking second-quarter (Q2) and first-half (H1) results for 2025, surpassing market expectations and demonstrating resilience and operational strength in a volatile market. ADNOC L&S’s Q2 revenue increased by 40 percent year-on-year (YoY) to US$1,258 million (AED4,618 million) with EBITDA […]

Emirates

Dubai welcomes 9.88 million international visitors in H1 2025, up 6% Y-o-Y

DUBAI, 3rd August 2025 (WAM) — Dubai’s evolving destination offering, driven by impactful public-private partnerships and amplified through a robust global marketing strategy, resulted in the city welcoming 9.88 million international overnight visitors from January to June 2025 – a 6% increase compared to the same period in 2024, according to data published by the […]

Emirates

ADCB reports 20% YoY rise in profit before tax to AED2.907 bn in Q1-25, with net profit after tax at AED2.446 bn

ABU DHABI, 29th April, 2025 (WAM) — Abu Dhabi Commercial Bank (ADCB) reported a 20% year-on-year (YoY) increase in profit before tax to AED 2.907 billion for Q1-2025, while net profit after tax rose to AED2.446 billion, according to a bank statement released today. The bank’s net interest income increased by 3% YoY to AED3.394 […]

Emirates

Dubai tourism enjoys 3% y-o-y growth during Q1 2025: DCTCM

DUBAI, 24th April, 2025 (WAM) – Issam Kazim, CEO of the Dubai Corporation for Tourism and Commerce Marketing (DCTCM), part of the Dubai Department of Economy and Tourism (DET), said that Dubai tourism has enjoyed a 3% year-on-year growth during Q1 2025. “Whereas we have already come back in 2023 with record numbers, and it […]

Emirates

Taaleem maintains its growth trajectory in H1 2024/25, reporting operational revenues of AED 648.8 million, up 18.2% YoY

DUBAI, 28th March, 2025 (WAM) – Taaleem Holdings PJSC (Taaleem) announced today its financial results for the six-month period ending February 28, 2025, with robust double-digit growth in revenues, gross profit, and net profit (after tax). Taaleem maintained its growth trajectory in H1 2024/25, reporting operational revenues of AED 648.8 million, up 18.2% YoY; enrolment […]

Emirates

Etihad Airways reports AED 1.4 billion in profit for 9M 2024, up 66% YoY

ABU DHABI, 14th November, 2024 (WAM) — Etihad Airways today announced its financial resultsfor the nine months ended 30th September 2024, achieving AED 1.4 billion (U.S.$368 million) profit after tax, a significant increase from AED 814 million (U.S.$222 million) during the same period in 2023. The strong results reflect the airline’s ongoing strategy of driving […]

Emirates

ADNOC L&S Q3 net profit up 18% YoY to AED643 million

ABU DHABI, 13th November, 2024 (WAM) — ADNOC Logistics and Services plc (ADNOC L&S) today announced its third quarter and first nine months (9M) 2024 financial results. The revenue for the nine months 2024 was $2,668 million (AED9,798 million), up 38% compared to 9M 2023. EBITDA rose by 37% to $867 million (AED3,184 million) in […]

Emirates

Agthia’s net profit surges by 24.0% YoY

ABU DHABI, 6th November, 2024 (WAM) — Agthia Group PJSC today announced its financial results for the first nine months of 2024, marking a period of solid growth across all its business segments. In a statement, the Group said its robust performance positions it to meet its full-year guidance, with Group EBITDA and Group net […]

Emirates

TECOM Group nine-month net profit rises 23% YoY driven by record revenues of AED1.7 billion

DUBAI, 1st November, 2024 (WAM) — TECOM Group PJSC (DFM: TECOM), (the “Company” or the “Group”), the creator of specialised business districts and vibrant communities, announced its financial results for the nine months and the third quarter (Q3) of the year ending 30 September 2024. The Group reported a record nine-month result, with a 10% […]

Emirates

EasyLease delivers exceptional Q3 2024 results with AED 292 mnn in Revenue, marking 38% YoY Growth

ABU DHABI, 23rd October, 2024 (WAM) – EasyLease (ADX: EASY LEASE), a market leader in the UAE’s mobility solutions sector and a subsidiary of International Holding Company (IHC), has announced robust financial results in the first nine months of 2024, with revenues reaching AED 292 million, marking a significant 38 percent year-over-year (YoY) growth. The […]