Dubai Electricity and Water Authority (Dewa) has announced that it has delivered solid results for the first-half netting AED14.8 billion ($3.8 billion) revenue, its highest ever in a six-month period, and a net profit of AED3.33 billion ($898 million), up 15% over the same period last year.
Bahrain-based Bank ABC has reported a net profit of $111 million for the first half of 2026, a 27% decline compared to $152 million a year earlier, primarily driven by a higher provision charge amid a challenging macroeconomic and geopolitical environment. Its operating profit remained broadly stable, supported by 5% growth in core business revenue.
Presight AI Holding, a global leader in AI and data analytics, has reported revenue growth of 36.1% for the second quarter, which soared to AED713.2 million ($194 million), while its profit after tax registered a 30.2% growth over last year despite a dynamic regional operating environment.
National Central Cooling Company (Tabreed) has announced robust results for the first half delivering a revenue of AED1.13 billion ($307 million) supported by fixed capacity charges and ongoing capacity expansion. The connected capacity grew 15% to hit 1.58 million refrigeration tonnes (RT).
Zain Group, a leading telecommunications services company in the region, has announced that its first-half net profit rose 73% year-on-year to KD220 million ($717 million), boosted by gains from strategic investments, while revenue surged 5% to hit KD1.14 billion ($3.68 billion).
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.
Leading UAE telco e& Group has recorded strong growth in its consolidated revenue for the first six months of the year hitting AED38.1 billion ($10.3 billion), an increase of 11.6% over last year. The positive momentum was reflected in its consolidated net profit, which soared to AED6 billion ($1.6 billion).
Mashreq Bank has announced record profit before tax of AED4.8 billion ($1.31 billion) for the first half of 2026, up 18% year-on-year, on operating income of AED6.8 billion ($1.85 billion).
Beyon, a leading telecom company and digital enabler in Bahrain, has reported a 7% increase in its Q2 net profit hitting BD18.3 million ($48.5 million), while its quarterly revenue broadly stood flat at BD126 million ($331 million) supported by higher revenue and operational efficiencies.
Modon Holding, a leading Abu Dhabi-based developer, has reported a 40% jump in its first-half revenue which soared to AED9.2 billion ($2.5 billion), while its net profit surged to hit AED2.2 billion ($598 million), mainly driven by higher real estate sales and revenue recognition from its development portfolio.
