Saudi food and beverage manufacturing major Almarai has recorded solid results for Q2 despite the shipping woes and regional pressures. Its revenue surged 11% y-o-y to hit SAR5.87 billion ($1.54 billion) driven by resilient supply chain and robust demand across its core sectors.
Turner & Townsend, the global programme manager, has reported strong growth across its core sectors and key markets in the Middle East with a 73% jump in its revenue last year. The company also significantly expanded its team, with headcount rising to over 22,000 in more than 60 countries.
Barceló Hotel Group has reported the best results in its history for 2025 with revenues of more than $9.08 billion and a net profit of $361.93 million, both showing 4% growth, thus consolidating its model of profitable growth and operational strength.
Abu Dhabi National Energy Company (TAQA) on Friday reported first-quarter revenue of AED13.7 billion ($3.73 billion), while net income attributable to shareholders remained steady at AED2.1 billion ($571.82 million).
GFH Bank (GFH) has announced a net profit attributable to shareholders of $35.11 million for the first quarter of 2026 compared to $30.14 million in the same period last year, an increase of 16.5%.
AD Ports Group, a leading global enabler of integrated trade, industry, and logistics solutions, today reported strong revenue and net profit performance in the first quarter of 2026, demonstrating the resilience of its diversified and integrated trade ecosystem.
EasyLease, a subsidiary of Abu Dhabi-based IHC and a leading provider of integrated mobility solutions, has reported a strong performance for the first quarter delivering solid revenue growth and a significant improvement in profitability, underpinned by the continued strength of its core business and logistics operations.
Saudi Arabia's National Shipping Company Bahri has delivered solid results for the first quarter of 2026 with a 129% growth in its revenue which soared to SAR4.96 billion ($1.32 billion) driven primarily by higher freight rates, while its net profit surged to hit SAR2.15 billion ($572 million).
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.
Emirates Integrated Telecommunications Company (du) delivered a resilient financial performance in the first quarter, with revenue growing by 6.9% to AED4.1 billion ($1.116 billion), a record EBITDA margin of 49.5%, and net profit growing by 15.5% to AED0.8 billion ($217.8 million).
