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Logistics (MENA) 
Emirates NBD beat earnings estimates in 1Q
The Islamic banking arm of Emirates NBD’s bottom line reached a record AED 1.01 bn in 1Q 2025
Rak-ing it in — 22.7% bottom line uptick for Rakbank
The bank’s total operating income rose 10.7% to AED 1.3 bn y-o-y
Ajman Bank net income up 25.4% y-o-y in 1Q 2025
The bank attributed its solid financial performance to improved recoveries, cost rationalization, and efficiency gains
1Q earnings are in for Sharjah Islamic Bank, and Rak Ins., while EDB posts FY 2024 earnings
Rak Ins. saw a 223.4% uptick in its bottom line whilst Emirates Development Bank’s sunk by 14.8%
Dubai earnings jump 20.1% in 4Q as GCC growth slows
Abu Dhabi earnings dropped 21.6% in 4Q, on an energy slump
Depa posts AED 87.8 mn in net income
The contractor saw its revenues rise 22.2% y-o-y to AED 1.3 bn in 2024
Masdar turns to the black in 2024
The company saw a 3.9% y-o-y dip in revenues
Gulfnav turns to a loss in 2024, while Orascom Construction a slight uptick in net income
GulfNav focused on fleet modernization efforts during the year
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