DP WORLD-

Dubai-based port operator DP World’s net income rose 68.5% y-o-y to USD 960 mn in 1H 2025, according to its financials (pdf). The firm’s top line surged 20.4% to USD 11.2 bn for the same period, which management attributed to new logistics segment acquisitions and strong returns from its ports division.

The breakdown: Its logistics division contributed the most to the top line, recording a 23.1% y-o-y boost in revenues to USD 4.7 bn, despite ongoing investments in expanding logistics capabilities. The company invested USD 301 mn in this segment, targeting expansions in Sub-Saharan Africa, Europe, India, and the GCC. Meanwhile, revenues from ports and terminals rose 22.2% y-o-y to around USD 4.4 bn. The growth was driven by a 6.7% y-o-y surge in handled volumes (45.5 mn TEUs), as well as rising rates for cargo handling, which went up by 11.1% per TEU, according to its earnings release. The company invested USD 539 mn in locations including Jebel Ali, London Gateway, Sub-Saharan Africa, Canada’s Fraser Surrey Docks, Ecuador’s Posorja, and Saudi’s Jeddah.

TAQA-

Abu Dhabi National Energy Company (Taqa) saw its net income decline 32.7% y-o-y in 2Q 2025 to AED 1.6 bn, according to its financials (pdf). Meanwhile, revenues rose 5.4% to AED 14.2 bn during the quarter.

On a six-month basis, Taqa’s net income declined 19.7% y-o-y to AED 3.7 bn in 1H 2025, reflecting lower oil and gas output after the closure of four UK assets, weaker crude prices, and higher financing costs. Revenues rose 4.6% y-o-y to AED 28.4 bn, supported by higher pass-through items in its transmission and distribution segment, according to a separate earnings release (pdf).

Dividends: Taqa’s board approved an interim dividend of 0.75 fils per share for 2Q 2025.

REMEMBER- The company is pressing ahead with international expansion, including an AED 52 bn integrated power and water infrastructure program in Morocco, its takeover of the Talimarjan power complex in Uzbekistan, and the acquisition of UK-based Transmission investment.

RAK PROPERTIES-

RAK Properties’ net income nearly doubled with a 94.7% uptick y-o-y in 2Q 2025, rising to AED 92.7 mn, while its top line climbed 26.2% to AED 404.5 mn, according to its financials (pdf). Growth was buoyed by a 59% surge in sold units and traction across its residential and hospitality pipeline, it stated in a separate release (pdf).

Solid 1H performance: Net income soared 80% y-o-y to AED 160.6 mn in the six-month period, while revenues also rose 27% to AED 774.8 mn due to a higher volume of project handovers and market appetite for recent launches — including the world’s first Armani-branded villas in collaboration with Giorgio Armani and SIE Group.

Backed by an AED 5 bn development pipeline, the developer is pressing ahead with Mina, its flagship urban island destination, with landmark projects — Bay Residences, Granada II, and Cape Hayat — moving steadily amid rising demand for luxury and mixed-use real estate in Ras Al Khaimah.

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