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12:20 PM Shuaa Capital, Key Capital partner to boost to MENA’s VC secondaries market
Dubai – Mubasher: Shuaa Capital and Key Capital Limited joined forces to support the development of the venture capital (VC) secondaries market across MENA and EMEA. Key Fund I LP targets a fund size of $50 million and pursues a disciplined …
ADNOC Gas
10:13 AM ADNOC Gas sees resilient performance in Q1-26 amid Strait of Hormuz closure
Abu Dhabi – Mubasher: ADNOC Gas generated net income valued at $1.07 billion in the first quarter (Q1) of 2026, down 15% year-on-year (YoY) from $1.27 billion. The revenues hiked amounted to $5 billion as of 31 March 2026, an annual drop from …
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09:50 AM Union Coop’s net profits exceed AED 102m in Q1-26
Dubai – Mubasher: Union Coop generated AED 102.34 million in net profit after tax during the first quarter (Q1) of 2026, an annual rise from AED 99.35 million. Total income from operating activities reached AED 676.24 million in Q1-26, up …
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08:50 AM Lulu Retail’s net profits fall in Q1-26; revenues total $2bn
Abu Dhabi - Mubasher: Lulu Retail Holdings registered year-on-year (YoY) lower net profits after tax at $46.79 million in the first quarter (Q1) of 2026, compared to $69.69 million. The revenues declined by 2.90% to $2.02 billion in Q1-26 from …
Dubai Investments
08:45 AM Dubai Investments achieves balance in Q1-26 financial performance; profits hit AED 169m
Dubai – Mubasher: The net profits after tax of Dubai Investments increased to AED 168.96 million in the first quarter (Q1) of 2026 from AED 167.18 million in Q1-25. The basic and diluted earnings per share (EPS) maintained value at AED 0.04 at the …
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11 May 04:23 PM Empower posts 44% higher profits in Q1-26 driven by reduction in operational costs
Dubai – Mubasher: Emirates Central Cooling Systems Corporation (Empower) achieved 44% higher net profits after tax at AED 208.48 million in the first quarter (Q1) of 2026, versus AED 144.81 million in Q1-25. The revenues grew by 16.80% to AED …
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11 May 02:35 PM Emaar Development’s property sales jump 22% in Q1-26; profits hit AED 3.5bn
Dubai – Mubasher: Emaar Development announced a strong financial and operational performance for the first quarter (Q1) of 2026, supported by property sales of AED 20.10 billion ($5.50 billion). The net sales jumped by 22% from AED 16.50 billion …
flynas
11 May 12:10 PM Flynas registers 20% lower profits in Q1-26 amid regional flight disruption
Riyadh - Mubasher: Flynas Company generated SAR 117.90 million in net profit attributable to the shareholders during the first quarter (Q1) of 2026. The quarterly profits were lower by 20.26% year-on-year (YoY) than SAR 147.85 million, according …
Burjeel Holdings
11 May 11:16 AM Burjeel Holdings enters 2026 with resilient performance; revenues surpass AED 1.3bn
Abu Dhabi - Mubasher: Burjeel Holdings recorded 44% year-on-year (YoY) higher net profits at AED 56.63 million in the first quarter (Q1) of 2026, versus AED 39.19 million. The group generated revenues valued at AED 1.33 billion in Q1-26, an annual …
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11 May 10:54 AM Emaar Properties achieves AED 163.4bn revenue backlog in Q1-26
Dubai – Mubasher: Emaar Properties witnessed strong performance in the first quarter (Q1) of 2026, driven by sustained demand across its core segments, disciplined execution, and the group’s diversified business model. As of 31 March 2026, revenue …
Luberef
11 May 08:55 AM Luberef sees 16.5% higher profits in Q1-26 supported by GCC expansion
Riyadh - Mubasher: Saudi Aramco Base Oil Company (Luberef) registered 16.45% year-on-year (YoY) higher net profits attributable to the shareholders at SAR 257.96 million in the first quarter (Q1) of 2026. The quarterly profits were compared with …
ADNOC Drilling
11 May 08:34 AM ADNOC Drilling delivers strongest Q1 performance on back of largest fleet size in MENA
Abu Dhabi – Mubasher: ADNOC Drilling Company delivered its strongest first-quarter performance on record in terms of revenue and net income, backed by high fleet activity, integrated services growth, long-term contract coverage, and technology-led …
Aramco
10 May 08:20 AM Aramco enters 2026 with exceptional operational performance; dividends announced
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) recorded SAR 120.13 billion in net profit attributable to the shareholders during the first quarter (Q1) of 2026, an annual leap of 25.55% from SAR 95.68 billion. The oil giant achieved …
Aramex
10 May 06:19 PM Aramex achieves strong revenues in Q1-26 amid regional challenges
Dubai - Mubasher: Aramex generated lower net profits after tax at AED 16.84 million in the first quarter (Q1) of 2026, compared to AED 17.78 million in Q1-25. The revenues grew by 2% to AED 1.59 billion in Q1-26 from AED 1.56 billion a year …
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10 May 05:51 PM Agility Global’s profits near $40m in Q1-26
Abu Dhabi - Mubasher: Agility Global generated net profits after tax worth $39.70 million in the first quarter (Q1) of 2026, compared to $31.40 million in Q1-25. Basic and diluted earnings per share (EPS) increased to $0.26 in January-March 2026 …
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10 May 02:26 PM IHC’s profits leap 98.5% in Q1-26; revenues cross AED 31.4bn
Abu Dhabi – Mubasher: International Holding Company (IHC) registered net profits after tax valued at AED 8.18 billion in the first quarter (Q1) of 2026, an annual leap of 98.50% from AED 4.12 billion. The basic and diluted earnings per share (EPS) …
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10 May 02:00 PM Bank of Sharjah achieves 30% higher profits in Q1-26; total assets hit AED 55bn
Abu Dhabi – Mubasher: The net profits of Bank of Sharjah increased by 30% year-on-year (YoY) to AED 151.19 million in the first quarter (Q1) of 2026 from AED 116.17 million. The basic and diluted earnings per share (EPS) went up to AED 0.05 in …
PureHealth
10 May 12:20 PM PureHealth exceeds AED 6.3bn in local procurement spend
Abu Dhabi – Mubasher: PureHealth Holding has crossed AED 6.33 billion in local procurement spend since joining the Ministry of Industry and Advanced Technology’s (MoIAT) National In-Country Value (ICV) program in 2022. This marks a near threefold …
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10 May 09:48 AM Emaar Properties unveils AED 70bn awarded contracts to drive UAE industrial growth
Dubai – Mubasher: Emaar Properties announced total awarded contracts valued at nearly AED 70 billion during the fifth edition of 'Make It in the Emirates', according to a press release. This aligns with the group’s commitment to strengthening …
Emirates NBD
10 May 09:23 AM Emirates NBD Egypt delivers strong financial results in Q1-26; profits hit EGP 1.7bn
Cairo – Mubasher: Emirates NBD Egypt, a subsidiary of UAE-based Emirates NBD, delivered strong financial performance in the first quarter (Q1) of 2026, generating 22% year-on-year (YoY) higher net profits at EGP 1.70 billion. Net interest income …
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7 May 07:17 PM MENA’s 1st digital private wealth platform Vault launches in Saudi Arabia
Riyadh – Mubasher: Vault, a global digital wealth management and advisory platform, has expanded its services into Saudi Arabia after obtaining the Capital Market Authority (CMA) license for advisory services. The first digital private wealth …
Mastercard
7 May 01:40 PM Mastercard introduces SME program to bolster MENA economic stability; listed entities partake
Mubasher: Mastercard has initiated a regional resilience program aimed at supporting SMEs across the MENA region while establishing a coordinated ecosystem of financial tools and policy support. Under the name ‘Built Small. Moving Strong,’ the new …
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6 May 05:17 PM DIB, Mashreq Bank lead AED 18bn industrial financing for MoIAT
Dubai – Mubasher: Dubai Islamic Bank (DIB) and Mashreq Bank jointly signed memoranda of understanding (MoUs) with the Ministry of Industry and Advanced Technology (MoIAT) to secure financing for boosting the industrial sector. The ministry will …
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6 May 04:27 PM TA’ZIZ signs $28.5bn agreements to expand industrial portfolio
UAE - Mubasher: TA’ZIZ signed long-term agreements, ranging from five to 25 years, at a combined value of $28.50 billion (AED 104.60 billion) at the ‘Make it in the Emirates’ event, according to a press release. The deals secure global offtake and …
Sultan Al Jaber, ADNOC’s Managing Director and Group CEO
6 May 09:50 AM Al Jaber unveils AED 180bn procurement to drive UAE economic growth, addresses OPEC exit
Abu Dhabi - Mubasher: Sultan Al Jaber, ADNOC’s Managing Director and Group CEO, announced AED 180 billion in new industrial procurement opportunities to accelerate industrial growth and economic resilience. During the fifth edition of ‘Make it in …