Oil prices rose Monday after positive US-China trade talks boosted market sentiment
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China
Gold drops on trade war truce hopes, dollar strength
Traders are also eyeing the release of the US Consumer Price Index on Tuesday for fresh signals on the Fed’s monetary policy trajectory
Dubai
Talabat GMV for Q1 surges 30% despite the impact of Ramadan
Gross Merchandising Value reaches $2.1bn with strong performance across markets and verticals
Abu Dhabi
Strategic expansion leads to another solid quarter for ADNOC L&S
Revenue increases 41% to $1.18bn and EBITDA up 20% YoY to $344mn following completion of Navig8 acquisition in January 2025
Dubai real estate
Union Properties revenue up 18.2%; repays $48.75mn of legacy debt
Revenue increases 18.2% to reach $44.4mn; Gross profit up 25.3% to $44.4mn; Will repay an additional $43.3mn debt this quarter
Dubai real estate
Emaar reports 50% surge in Q1 revenue to $2.8bn on robust sales
Backlog increase to $34.6bn gives long-term revenue visibility; EBITDA reaches $1.5 bn at a healthy 53% margin
Abu Dhabi
AD Ports Group’s Q1 revenue grows 18% and total net profit 16%
Group CEO Al Shamisi says the company will continue to pursue its “profit-enhancing ‘intelligent internationalisation’ strategy”
Dubai
Emaar Development backlog crosses AED100bn as Q1 sales jump 28% to $4.5bn
Revenue increases by 43% to $1.4bn; EBITDA grows 48% to $683mn; Net Profit before tax jumps 49% to $753mn
Abu Dhabi
Abu Dhabi’s ADQ raises $2bn in oversubscribed bond sale
The issuance marked ADQ’s third offering in international debt capital markets and will support the diversification of its funding sources
Burjeel Holdings
Ramadan impacts Burjeel’s Q1 numbers after strong start to the year
Revenue rose 14.5% to $247.5mn during Jan-Feb, but came down to 5.7% with lower footfall and delays in complex care conversions in March
Dubai
Dubai Taxi Company reports $160mn Q1 revenue amid fleet expansion
Dubai Taxi Company’s revenue growth was primarily driven by fleet expansion and strong performance in its taxi and delivery bike operations
Dubai
Emirates achieves record $6.2bn profit in 2024-2025; named ‘world’s most profitable aviation group’
Emirates airline posted its best-ever financial performance with a record profit before tax of AED21.2 billion ($5.8 billion), up 20 per cent from last year
Abu Dhabi
Real estate outperforms for IHC as Q1 revenue jumps 41.1% to $7.41bn
UAE’s most valuable publicly listed company reports profit after tax of $1.12bn, with a net profit margin of 15.2%
Abu Dhabi
Presight’s strongest quarter to date delivers $153.5mn revenue in Q1
Abu Dhabi company accelerating global AI leadership as revenue grows 115%; multi-year contracts account for 98.8% of total revenue
Abu Dhabi
Key verticals deliver as Alpha Dhabi’s Q1 revenue surge 23% to $4.74bn
Adjusted EBITDA rises 33% to $1.2bn; Real estate and industrial revenues at $1.74bn and $1.69bn respectively
IPO
MENA IPOs raised $2.4bn in Q1 2025, top markets and sectors revealed
IPO proceeds in the MENA region up more than 100 per cent in Q1 as Saudi Arabia leads surge
Du
Subscriber base increase, cost optimisation drive du’s Q1 profit
Net profit jumps 19.8% to $196.6mn as revenue crosses $1bn mark; EBITDA grows 15% to $490mn with an EBITDA margin of 47.4%