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Emaar Properties PJSC and its subsidiaries have released their consolidated financial statements for the year ending December 31, 2025.
The board of directors of Air Arabia held a meeting as previously announced. During the meeting, they approved the audited financial statements for 2025 and proposed a cash dividend distribution of 30 fils per share, amounting to AED 1.4 billion. Additionally, the board called for an Annual General Meeting (AGM) and opened nominations for board membership. Further details will be disclosed after obtaining the necessary approvals.
Emaar Development PJSC and its subsidiaries have released their consolidated financial statements for the fiscal year ending on December 31, 2025.
Emaar Development PJSC reported a strong financial performance for 2025, achieving its highest-ever property sales of AED 71.1 billion (US$ 19.4 billion), marking a 9% increase from the previous year. The company's net profit before tax increased by 52% to AED 15.5 billion (US$ 4.2 billion), while revenue grew by 44% to AED 27.5 billion (US$ 7.5 billion). The revenue backlog rose by 38% to AED 125.2 billion (US$ 34.1 billion), and EBITDA increased by 52% to AED 14.3 billion (US$ 3.9 billion), with a margin of 52%. The company proposed its highest-ever dividend of AED 4 billion (US$ 1.1 billion), a 47% increase from 2024, pending shareholder approval. Emaar Development expanded its business by acquiring 36 million square feet of development land valued at AED 120 billion (US$ 32.7 billion). The company's performance reflects strong demand in Dubai's real estate market, driven by population growth and investor interest, supported by a favorable regulatory framework. Emaar Development also emphasized quality, timely delivery, customer satisfaction, and sustainable development practices.