Abu Dhabi Aviation Company announced a significant increase in net profits for the first quarter of 2025, reaching AED 215.32 million, compared to AED 26.81 million during the same period in 2024. This marks a remarkable growth in the company’s financial performance. The company’s revenue from contracts with customers surged to AED 1.97 billion in...
Emirates NBD, recognized as Dubai’s largest bank by assets, surpassed profit expectations for the first quarter, largely due to significant growth in loans and interest income. The bank reported a net profit of 6.2 billion dirhams ($1.69 billion) for the three months ending March 31, compared to 6.7 billion dirhams during the same period last...
Air Arabia has announced a record profit of AED 1.6 billion for the full year ending December 31, 2024. This significant financial achievement reflects the airline’s strong operational performance and growing demand for air travel. The Sharjah-based airline’s results indicate a robust recovery in the aviation sector, highlighting the effectiveness of its strategies amid a...