DUBAI FINANCIAL MARKET-

The Dubai Financial Market (DFM) reported a 41.1% y-o-y increase in net income before tax to AED 134.9 mn in 1Q 2025, driven by record trading activity and robust investor participation, according to its earnings release (pdf). Its total consolidated revenues rose 25.9% y-o-y to AED 186.5 mn and total traded value surged 61% y-o-y to AED 41 bn.

The DFM attracted 19.4k new investors during the period, 86% of whom were foreign nationals. Institutional investors accounted for 72% of total trading value, with foreign investors contributing 53%. Its market capitalization stood at AED 897 bn at the end of March — down 1% from year-end 2024.

NMDC GROUP-

Abu Dhabi-based National Marine Dredging Company (NMDC Group) reported a 22% y-o-y net income rise to AED 784 mn in 1Q 2025, according to an earnings release (pdf). NMDC’s revenues increased 16% y-o-y to AED 6.2 bn.

The company is eyeing Oman: NMDC Group secured a AED 383 mn contract to develop a new marina in Oman. The project is scheduled to be completed within 15 months from the date of signing. Details regarding the location of the marina project were not disclosed.

NMDC has been busy: The firm revealed plans in November to scale up its operations in the UAE, Saudi Arabia, India, and Taiwan, and enter new markets in Europe, North and West Africa, and Southeast Asia. NMDC Energy inaugurated a AED 200 mn fabrication yard in Saudi Arabia’s Ras Al Khair Special Economic Zone in January, on top of securing a US 1.1 bn contract for an offshore pipeline project in Taiwan.

PUREHEALTH-

Healthcare giant PureHealth saw its net income rise 2.9% y-o-y to AED 505 mn in 1Q 2025, according to the healthcare provider’s financial statements (pdf). PureHealth reported an 7.6% y-o-y rise in its revenues to AED 6.6 bn.

Revenue growth was fueled by strong results across both the hospital and ins. divisions, according to a separate earnings release (pdf). The hospital segment saw increased activity due to higher patient numbers, while the ins. segment saw high policy renewal rates and expansions into underserved market segments.

The group distributed AED 343 mn in dividends for FY24, amounting to 20% of its net income.

COMMERCIAL BANK INTERNATIONAL-

UAE-based Commercial Bank International (CBI) reported a 14% y-o-y growth in its bottom line in 1Q 2025 to AED 41.7 mn, according to its financials (pdf). The bank’s net operating income increased 72.4% y-o-y, reaching AED 207.7 mn during 1Q. Meanwhile, total interest income and income from Islamic financing and investing assets dipped by 0.5% y-o-y. Customer deposits rose by 21%, totaling AED 15.3 bn.

The bank attributed the growth to careful balance sheet management and income from the disposal of non-core assets, according to a separate earnings release (pdf).

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