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Emaar reports 9% increase in its second-quarter profit on higher revenue
AE🏛️ PoliticsCenter3 hr. ago

Emaar reports 9% increase in its second-quarter profit on higher revenue

Emaar Properties, a major Dubai-based real estate developer, reported a 9 percent increase in its second-quarter net profit to Dh3.7 billion ($1 billion), driven by an 18 percent rise in revenue to Dh11.5 billion. This follows a 22 percent annual growth in net profit for the first half of 2026, reaching Dh8.7 billion on revenue of nearly Dh24 billion. The company attributed its performance to disciplined operations and the resilience of Dubai's economy amid global uncertainties. Emaar highlighted the UAE's stable business environment as a key factor supporting its market position.

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The National logoThe NationalParty-alignedCenter3 hr. ago
Emaar reports 9% increase in its second-quarter profit on higher revenue

Emaar Properties, a major Dubai-based real estate developer, reported a 9 percent increase in its second-quarter net profit to Dh3.7 billion ($1 billion), driven by an 18 percent rise in revenue to Dh11.5 billion. This follows a 22 percent annual growth in net profit for the first half of 2026, reaching Dh8.7 billion on revenue of nearly Dh24 billion. The company attributed its performance to disciplined operations and the resilience of Dubai's economy amid global uncertainties. Emaar highlighted the UAE's stable business environment as a key factor supporting its market position.

Bias read (Center): The article presents factual financial results without overt ideological framing. While it mentions geopolitical developments and the UAE's economic environment, these are presented as contextual factors rather than politically charged narratives. The focus remains on corporate performance and macro

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