Saudi Basic Industries Corporation (Sabic), a global leader in chemicals, returned to profit in the first quarter of 2026, posting a net profit attributable to shareholders of SAR13.2 million ($3.52 million) compared with a SAR1.21 billion ($322 million) loss a year earlier, according to the company's Tadawul filing.
Dubai Islamic Bank (DIB) has recorded solid results for the first quarter of 2026 with its net profit soarng to AED1.799 billion ($490 million), while its operating revenues for the three-month period surged by 13% to hit AED3.55 billion ($966 million).
Leading Abu Dhabi developer Aldar Group has recorded strong financial and operational results for the first quarter with a 20% jump in its net profit which rose to AED2.3 billion ($626 million), driven by the realisation of development revenue backlog which hit AED72.1 billion ($19.6 billion).
Petro Rabigh, a leading petrochemical company jointly owned by oil giant Aramco and Japan's Sumitomo Chemical, has announced that it has cut its accumulated losses to 14.77% of share capital, dropping below a key regulatory threshold after a capital reduction and a return to profit.
Emirates NBD, in line with the resilient operating environment in the UAE, reported a profit before tax of AED8.2 billion ($2.23 billion) for the first quarter of 2026, up 6% yoy, driven by strong balance sheet growth, resilient margins and record non-funded income growth.
ACICO Group, a full-service, multi-sector construction group based in Kuwait, said it has returned to profitability with a KD2.9 million ($9.4 million) net profit in 2025 compared with a net loss of KD11.2 million ($36.2 million) a year earlier, reflecting progress in its restructuring plan.
Amlak Finance has reported a net profit after income tax of AED1.47 billion ($400.7 million) for the year ended 31 December 2025, compared to a net profit of AED12 million for the same period in 2024.
The Savola Group, a leading strategic investment holding group in the regional food and retail sectors, has announced solid results for FY 2025 with a 13% jump in its revenue which soared to SAR26.1 billion ($7 billion) mainly driven by growth in its retail, food processing and frozen foods segments.
Saudi utility major Acwa has reported solid results for FY 2025 with its revenue soaring to hit SAR7.41 billion ($1.97 billion) and its net profit recording a 60% growth over the previous year as higher operating income and stronger contributions from operating assets lifted earnings.
Dubai Investments, a multi-asset investment group in the UAE, has reported a 31% increase in its annual profit before tax for FY 2025 which soared to AED1.7 billion ($463 million), supported by steady income across its diversified portfolio spanning real estate, manufacturing and investments.
