16 Hrs
اقتصاد سكاي نيوز عربية
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اقتصاد سكاي نيوز عربية

2026-07-30T04:52:19.000Z

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Samsung hits record profits amid AI growth

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Samsung hits record profits amid AI growth

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Maden Holding Reports 9.2B Dirhams Revenue in Six Months

Maden Holding Reports 9.2B Dirhams Revenue in Six Months

The "Madain Holding Group" achieved record revenues of AED 9.2 billion during the first half of 2026, representing a 40% Year-over-Year increase, with net profits reaching AED 2.2 billion. The results are characterized by a significant improvement in financial and operational performance, with revenue from ongoing projects rising to AED 65.4 billion, reinforcing the company's future outlook and financial flexibility. The real estate sector remains the main driver of profits, with sales amounting to AED 26 billion. The company is focused on expanding its international projects and increasing recurring revenues, affirming its commitment to sustainable growth and operational efficiency.

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