Emirates Central Cooling Systems Corporation (Empower) has recorded solid results for the first half of 2026 with a 16.2% jump in its net profit, while its revenue rose to AED1.52 billion ($413 million) mainly driven by the growing demand for cooling services across Dubai.
Saudi utility giant Acwa Power has reported mixed first-half results, with its revenue soaring to SAR4 billion ($1.2 billion) mainly driven by higher energy sales and increased O&M services earnings, while its net profit for the six-month period fell 28% to SAR653.2 million ($174.2 million).
Aramex, a global logistics and transportation solutions company, has announced solid results for the first half with its group revenues surging 22% to AED1.83 billion ($498 million) while its net profit grew nearly two-fold helped by strong growth in its freight forwarding business.
Abu Dhabi-based International Holding Company (IHC) has reported a sharp increase in its first-half profit which soared to AED26.2 billion ($7.13 billion), while its revenue surged 34.5% to hit AED64.9 billion ($17.6 billion) supported by higher revenue across several business segments.
Agthia, a leading F&B group based in Abu Dhabi, has reported solid revenue for the first half, surging 7.4% to hit AED2.6 billion ($708 million), while its net profit more than doubled to AED121 million ($33 million) backed by one-off sales under UAE's food security programme.
The number of guests staying at three- to five-star hotels in Oman reached 992,009 by the end of June 2026, marking a 13% decline compared to the same period in 2025, when the number stood at 1,140,086, according to the latest data.
Shaker Group, a leading manufacturer and distributor of air conditioners and home appliances in Saudi Arabia, has reported SAR743.1 million ($198.2 million) revenue for the first half, down 3.4% from the same period last year, mainly due to a decline in its HVAC solutions business.
Dubai's exclusive public parking operator Parkin has announced a 14% jump in its total revenue for the second quarter which rose to AED364.1 million ($99 million), while its net profit for the three-month period was up 12% supported by growth in seasonal cards, developer parking and enforcement.
UAE-based engineering and construction group ALEC Holdings has recorded a 67.6% jump in its H1 revenue which rose to AED8.99 billion ($2.45 billion), helped by higher activity across its major projects, while profitability was hit by disruptions to energy services amid regional geopolitical tensions.
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.
