Dubai-based Majid Al Futtaim Holding said net profit jumped by a quarter in the first half of the year, overcoming challenges from the Iran war, which has hurt economies across the GCC. The regional mall developer said net operating profit rose to AED1.8 billion ($490 milli…
Curated by CityCalc from AGBI. Read the full article at the source.
Related articles
- Moove hits $2.1 billion valuation with $250 million Series C — UAE-headquartered mobility startup Moove has raised $250 million in a Series C round at a $2.1 billion valuation, led by Mubadala Investment
- Baghdad Bolsters Deployment in 'Vulnerable' Areas, Warns Armed Factions — Curated from Asharq Al-Awsat.
- Careem super app revenue rises but losses deepen — Dubai-based Careem’s super app business increased revenue in the first half of 2026, although losses continued to widen. Revenue from the ap
- Iraq to start work on first rail link to Iran — Iraq is preparing to start work on its first direct railway link with Iran after completing key design work on the long-delayed project. The
- Emaar’s huge backlog cushions sharp fall in new property sales — Emaar, Dubai’s biggest developer and a bellwether of sentiment in the Gulf’s commercial capital, reported continued profit growth in t