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18 May 11:00 AM Dana Gas records 72% higher profits in Q1-26 due to production growth
Abu Dhabi – Mubasher: Dana Gas logged net profits totaling AED 270 million ($74 million) in the first quarter (Q1) of 2026, marking a 72% year-on-year (YoY) leap from AED 158 million ($43 million). The gross revenues jumped by 59% YoY to AED 531 …
Dar Al Balad for Business Solutions
18 May 10:18 AM Region-focused Dar Al Balad for Business Solutions’ retail IPO tranche sees 375% coverage; final price unveiled
Riyadh – Mubasher: The individual investor subscription period for Dar Al Balad for Business Solutions Company’s initial public offering (IPO) has been concluded at a final offer price of SAR 9.75 per share. The retail offering saw significant …
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18 May 09:42 AM Dar Al Arkan mandates regional, global lenders for USD-denominated issuance
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company plans to issue Sharia-compliant, USD-denominated, fixed-rate RegS senior unsecured Sukuk, according to a bourse filing. Dar Al Arkan has mandated Abu Dhabi Commercial Bank (ADCB), Abu …
Saudi Exchange (Tadawul)
17 May 04:11 PM SAB Invest becomes inaugural market maker under Tadawul’s new ETF framework
Riyadh – Mubasher: The Saudi Exchange (Tadawul) has officially announced the approval of SAB Invest to act as the first designated market maker under the Exchange Traded Funds (ETF) Market Making Framework, which was launched earlier in 2026. This …
TAQA
17 May 03:57 PM TAQA’s profits stable in Q1-26; board approves AED 899m interim dividends
Abu Dhabi - Mubasher: The net income attributable to the shareholders of Abu Dhabi National Energy Company (TAQA) remained stable at AED 2.15 billion in the first quarter (Q1) of 2026. Total revenues hit AED 13.73 billion in Q1-26, compared to AED …
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17 May 03:38 PM IHC secures AED 40bn partnership agreements at MIITE 2026
Abu Dhabi – Mubasher: International Holding Company (IHC) has concluded its participation at the Make it in the Emirates (MIITE) Forum 2026, securing partnership agreements totaling AED 40 billion. During the four-day event, the IHC Pavilion drew …
GFH
17 May 03:23 PM GFH Bank records 12% higher net profits in Q1-26; total assets hit $12.1bn
Mubasher: GFH Bank, formerly known as GFH Financial Group, reported net profits valued at $34.34 million in the first quarter (Q1) of 2026, up 11.90% year-on-year (YoY) from $30.69 million. The basic and diluted earnings per share (EPS) reached …
TruKKer
17 May 01:04 PM TruKKer secures up to $300m securitization facility from ADCB to expand in MENA
Riyadh - Mubasher: MENA-based digital freight network TruKKer secured an inaugural trade receivables securitization facility of up to $300 million arranged and funded by Abu Dhabi Commercial Bank (ADCB). The transaction, among the GCC’s first …
Tabreed
17 May 11:53 AM Tabreed delivers resilient performance in Q1-26; revenues up 4%
Dubai – Mubasher: National Central Cooling Company (Tabreed) generated 4% year-on-year (YoY) higher revenues at AED 485.70 million in the first quarter (Q1) of 2026, versus AED 465.55 million. Basic and diluted earnings per share attributable to …
Deyaar
17 May 10:35 AM Deyaar’s profits climb to AED 130m in Q1-26; assets hike 12%
Dubai – Mubasher: The net profits after tax of Deyaar Development jumped to AED 130.15 million in the first quarter (Q1) of 2026, compared to AED 111.52 million in Q1-25. The company posted revenues amounting to AED 447.08 million as of 31 March …
Air Arabia
17 May 10:04 AM Air Arabia’s profits fall 22% in Q1-26 due to regional conflict, airspace closures
Dubai – Mubasher: Air Arabia registered net profits after tax valued at AED 248.20 million in the first quarter (Q1) of 2026, down 22% year-on-year (YoY) from AED 305.13 million, according to the financial results. The lower profits were driven by …
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17 May 08:38 AM Saudi fintech Stitch closes $25m funding round to fuel regional expansion plans
Riyadh – Mubasher: Saudi fintech Stitch has secured $25 million in Series A funding led by the US-based VC Andreessen Horowitz (a16z), marking its first investment in the GCC region. The transaction brings Stitch’s total funding to $35 million, …
EMSTEEL
14 May 03:52 PM EMSTEEL’s net profits 246% in Q1-26; revenues hit AED 2.1bn
Abu Dhabi – Mubasher: EMSTEEL Building Materials logged 246% year-on-year (YoY) higher net profit after tax at AED 298.72 million in the first quarter (Q1) of 2026, compared to AED 86.28 million. Revenues increased to AED 2.16 billion in Q1-26 …
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14 May 02:20 PM Orascom Construction’s consolidated backlog hits $9.3bn in Q1-26
Mubasher: Orascom Construction, listed on ADX as well, logged a consolidated backlog, excluding BESIX, amounting to $9.37 billion in the first quarter (Q1) of 2026. As of 31 March 2026, the consolidated new awards increased by 14.90% year-on-year …
Union Properties
14 May 01:15 PM Union Properties logs 66% higher revenues in Q1-26
Dubai – Mubasher: The net profits of Union Properties jumped to AED 11.79 million in the first quarter (Q1) of 2026 from AED 5.81 million in Q1-25. The higher profits strengthened the group’s financial position and its ability to consistently …
Talabat
14 May 12:19 PM Talabat delivers strong performance with 23% higher revenues in Q1-26
Dubai – Mubasher: Talabat Holding generated lower net profits at $86.62 million in the first quarter (Q1) of 2026 when compared to $103.29 million in Q1-25. The revenues climbed by 23% to $1.04 billion in Q1-26 from $833.62 million a year earlier, …
AD Ports
14 May 11:02 AM AD Ports achieves best quarterly profits; revenues cross AED 5.7bn
Abu Dhabi – Mubasher: Abu Dhabi Ports Company (AD Ports) generated its best quarterly profits in the first quarter (Q1) of 2026, reaching AED 653.12 million, up 41% from AED 463.50 million in Q1-25, according to the financial results. The revenue …
DEWA
14 May 10:30 AM DEWA posts highest first-quarter revenue at AED 6.4bn amid rising demand
Dubai – Mubasher: Dubai Electricity and Water Authority (DEWA) posted 8.18% year-on-year (YoY) higher revenues at AED 6.45 billion in the first quarter (Q1) of 2026, compared to AED 5.96 billion. Basic and diluted earnings per share (EPS) climbed …
ADNOC L&S
14 May 09:42 AM ADNOC L&S generated $1bn revenues in Q1-26; EBITDA up 7%
Abu Dhabi – Mubasher: The net profits of ADNOC Logistics & Services (ADNOC L&S) climbed by 20% to $222.23 million in the first quarter (Q1) of 2026 from $184.54 million in Q1-25. Basic and diluted earnings per share (EPS) went up to $0.03 as of 31 …
RAK Ceramics
13 May 09:52 AM RAK Ceramics delivers resilient performance in Q1-26 backed by strong regional footprint
Abu Dhabi – Mubasher: The net profits after tax of RAK Ceramics declined by 21.80% year-on-year (YoY) to AED 38.21 million in the first quarter (Q1) of 2026 from AED 48.87 million. The basic and diluted earnings per share (EPS) hit AED 0.03 in …
ADNOC Distribution
13 May 09:06 AM ADNOC Distribution’s profits leap 21% in Q1-26; dividends announced
Abu Dhabi – Mubasher: ADNOC Distribution delivered higher net profits at AED 785.56 million in the first quarter (Q1) of 2026, compared to AED 648.09 million in Q1-25. The revenues jumped to AED 8.83 billion as of 31 March 2026 from AED 8.47 …
Abu Dhabi Aviation
13 May 05:53 AM Abu Dhabi Aviation posts higher revenues at AED 2bn in Q1-26
Abu Dhabi - Mubasher: The net profits of Abu Dhabi Aviation Company declined to AED 124.42 million in the first quarter (Q1) of 2026, compared to AED 215.32 million in Q1-25. The basic and diluted earnings per share (EPS) retreated to AED 0.07 at …
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13 May 05:47 AM Phoenix Group sees lower profits at $81m in Q1-26
Abu Dhabi – Mubasher: The net losses attributable to the shareholders of Phoenix Group fell to $81.03 million in the first quarter (Q1) of 2026 from $153.59 million in Q1-25. The revenues amounted to $23.30 million as of 31 March 2026, an annual …
Agthia Group
13 May 05:40 AM Agthia Group’s net profits jump 12.5% in Q1-26; revenues surpass AED 1.3bn
Abu Dhabi – Mubasher: Agthia Group achieved 3.30% year-on-year (YoY) higher revenues at AED 1.32 billion in the first quarter (Q1) of 2026, compared to AED 1.28 billion. The company registered net profits valued at AED 96.88 million in the …
ADES Holding
13 May 05:34 AM ADES Holding delivers strong performance during Q1-26 despite operational suspensions in GCC
Riyadh - Mubasher: ADES Holding Company registered net profits attributable to the shareholders totaling SAR 236.44 million in the first quarter (Q1) of 2026, an annual rise of 21.78% from SAR 194.15 million. The revenues climbed by 62.61% to SAR …