Tag : net profit

Business

Air Arabia records 2025 profit, proposes 30 fils dividend

omandailynews.com
SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said its board has proposed a cash dividend of 30 fils per share, subject to shareholder approval. The Sharjah-headquartered low-cost airline said the results cover the year ended Dec. 31, 2025, and marked its......
Business

ADCB sees 27 percent increase in Q1 23 net profit reaching AED 1.87 billion

omandailynews.com
Abu Dhabi Commercial Bank (ADCB) has reported a remarkable 27% surge in its net profit for Q1 2023, reaching AED1.878 billion. The bank’s net interest income also grew by 33% to AED2.851 billion, while non-interest income rose by 34% to AED1.061 billion. ADCB’s total assets rose by 13% to AED501......
Travel

Net profit at Air Arabia increased by 70 percent in 2022

omandailynews.com
As the first and largest low-cost carrier (LCC) in the Middle East and North Africa, Air Arabia (PJSC) announced historic financial results on December 31, 2022. As the airline continued to grow, the airline achieved extraordinary financial and operational performance, almost doubling profit and passenger numbers. Air Arabia reported a......