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The document is the consolidated financial statements of Al-Mazaya Holding Company K.S.C. (Public) and its subsidiaries, based in the State of Kuwait, for the year ending December 31, 2025. It includes an independent auditor's report.
Air Arabia reported a record net profit before tax of AED 1.8 billion for the year ending December 31, 2025, marking a 14% increase from the previous year. The company's revenue grew by 15% to AED 7.78 billion, driven by a 16% rise in passenger numbers, which reached 21.8 million, and the addition of 30 new routes. The fourth quarter saw a net profit exceeding AED 405 million, with a 26% increase in quarterly revenue. The Board of Directors has proposed a cash dividend of 30 fils per share, subject to shareholder approval. Sheikh Abdullah Bin Mohamed Al Thani, Chairman of Air Arabia, attributed the strong performance to the successful execution of the company's growth strategy and the trust of its customers.
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.