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EasyLease reported a 36.1% year-over-year revenue increase for the first half of 2024, reaching AED 189.72 million. Operational profit rose by 67.3% to AED 24.3 million, and net profit increased by 11.3% to AED 18.24 million. The company's total assets grew to AED 478.98 million as of June 30, 2024. This growth is attributed to strong demand in the mobility and logistics sectors in the UAE and GCC, as well as strategic investments in technology and market expansion. Chairman Matar Suhail Ali Al Yabhouni and CEO Ahmad Al Sadah highlighted the company's robust performance and commitment to long-term growth and sustainability.

The National Bank of Fujairah PJSC (NBF) announced a 46% year-on-year increase in net profit before tax, reaching AED 484.9 million for the six-month period ending 30 June 2024, compared to AED 332.1 million in the same period of 2023. The net profit after tax was AED 441.2 million, with a corporate tax charge of AED 43.8 million. The bank reported a net profit before tax of AED 210.1 million for Q2 2024, a 16.7% increase over Q2 2023. This growth is attributed to strong business opportunities, effective margin and liquidity management, high interest rates, improved impairment provisions, cost management, and favorable market conditions. NBF's operating profit rose by 7.7% to AED 845.8 million, and operating income increased by 8.2% to AED 1.2 billion. Net interest income and income from Islamic financing and investment activities grew by 7.0% to AED 882.5 million for the six-month period.

The Board of Directors of Fujairah Building Industries P.J.S.C. presented the reviewed condensed consolidated interim financial statements for the six-month period ending 30 June 2024. The Group's principal activities remain unchanged, including the manufacturing and distribution of various building materials and products. Financial performance highlights for the period include: - Revenue: AED 95,791,315 (up from AED 86,073,396 in the same period in 2023) - Gross profit: AED 35,292,547 (up from AED 31,315,585) - Gross profit margin: 37% (up from 36%) - Profit from continuing operations: AED 10,719,225 (up from AED 7,452,949) - Loss from discontinued operations: AED 3,325 (down from AED 19,408) - Net profit: AED 10,715,900 (up from AED 7,433,541) A cash dividend of AED 40.8 million (30% of share capital) was approved on 6 March 2024. The Board expects the Group to continue its operations for the foreseeable future and has adopted the going concern basis for preparing the financial statements. No significant events occurred after the reporting period that would affect the Group's results. KPMG Lower Gulf Limited was reappointed as the independent auditors for 2024 in the Annual General Meeting held on 6 March 2024. The report is signed by Chairman Ahmed Saeed Mohammed Alraqbani on 25 July 2024.