Profit

Industry, Logistics & Shipping

Aramex's net profit grows two-fold in H1; revenue hits $498m

Wed, 05 Aug 2026

Aramex, a global logistics and transportation solutions company, has announced solid results for the first half with its group revenues surging 22% to AED1.83 billion ($498 million) while its net profit grew nearly two-fold helped by strong growth in its freight forwarding business.

Finance & Capital Market Industry, Logistics & Shipping

Abu Dhabi group IHC net profit soars to $7.13bn in H1

Wed, 05 Aug 2026

Abu Dhabi-based International Holding Company (IHC) has reported a sharp increase in its first-half profit which soared to AED26.2 billion ($7.13 billion), while its revenue surged 34.5% to hit AED64.9 billion ($17.6 billion) supported by higher revenue across several business segments.

Industry, Logistics & Shipping

Agthia H1 net profit more than doubles, revenue rises to $708m

Tue, 04 Aug 2026

Agthia, a leading F&B group based in Abu Dhabi, has reported solid revenue for the first half, surging 7.4% to hit AED2.6 billion ($708 million), while its net profit more than doubled to AED121 million ($33 million) backed by one-off sales under UAE's food security programme.

Construction & Real Estate Energy, Oil & Gas

Saudi Energy Company posts $13.94bn H1 revenue, up 10.5%

Tue, 04 Aug 2026

Saudi Energy Company posted a 10.5% year on year (YoY) growth in H1 revenue to SAR52.2 billion ($13.94 billion), EBITDA rose by 8.2% to SAR21.5 billion, and net profit increased by 7.5% to SAR6.7 billion.

Finance & Capital Market Industry, Logistics & Shipping

Investcorp Capital FY2026 profit plunges 44pc on higher financing costs

Sun, 02 Aug 2026

Abu Dhabi-based Investcorp Capital has reported a sharp decline in its annual profit for the fiscal year ended June 30, 2026 which fell to $44 million from $81 million last year as higher financing costs and timing of private market exits weighed on earnings.

Finance & Capital Market

Arab Bank H1 profit soars to $571m on higher fee income

Sat, 01 Aug 2026

Jordan-based Arab Bank Group has reported a 7% increase in its net profit for the first half of 2026 which rose to $571 million from $535.3 million a year earlier, as the growth in fee and commission income helped offset a challenging regional and global operating environment.

Industry, Logistics & Shipping

Almarai posts strong Q2 growth; revenue surges 11pc to $1.54bn

Sun, 05 Jul 2026

Saudi food and beverage manufacturing major Almarai has recorded solid results for Q2 despite the shipping woes and regional pressures. Its revenue surged 11% y-o-y to hit SAR5.87 billion ($1.54 billion) driven by resilient supply chain and robust demand across its core sectors.

IT & Telecommunications

e& net profit up 2.4pc in H1; revenue soars to $10.3bn

Thu, 30 Jul 2026

Leading UAE telco e& Group has recorded strong growth in its consolidated revenue for the first six months of the year hitting AED38.1 billion ($10.3 billion), an increase of 11.6% over last year. The positive momentum was reflected in its consolidated net profit, which soared to AED6 billion ($1.6 billion).

Finance & Capital Market

Burgan Bank posts $444.78m H1 revenue; net profit $$35.45

Thu, 30 Jul 2026

Burgan Bank reported total revenues of KD138 million ($444.78 million) for the six-month period ended June 30, 2026 (H1’26), representing a 9% year-on-year increase, reflecting broad-based growth across its core revenue streams, supported by higher net interest income and stronger contributions from non-interest income activities.

Finance & Capital Market

Mashreq Bank reports pre-tax profit of $1.31bn for H1

Thu, 30 Jul 2026

Mashreq Bank has announced record profit before tax of AED4.8 billion ($1.31 billion) for the first half of 2026, up 18% year-on-year, on operating income of AED6.8 billion ($1.85 billion).