It’s still a slow start to earnings season, but we have reports from Dubai Islamic Bank and Palms Sports for you to sift through.

DIB-

The UAE’s largest Islamic bank Dubai Islamic bank saw its bottom line rise 8% y-o-y to AED 1.8 bn in 1Q 2025, according to its financials (pdf). The lender’s total operating income inched down 1.7% y-o-y to AED 5.5 bn. Meanwhile, customer deposits rose to AED 265 bn with the current and savings accounts representing 37% of total deposits, according to its earnings release (pdf).

PALMS SPORTS-

Sports training provider Palms Sports, a subsidiary of International Holding Company, reported an 18% y-o-y rise in net income before tax to AED 20 mn in 1Q 2025, according to an earnings release (pdf). The company saw its revenues increase 7% y-o-y to AED 276 mn.

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