Mir Group reports 94M dirhams profit
Meri Group achieved a net profit of 93.9 million AED during the first half of 2026, reflecting a 14.8% increase compared to the same period in 2025. This growth was supported by a rebound in retail sector sales and continued expansion of the Makani real estate portfolio. The group's revenues reached 1.07 billion AED, up by 5.8% compared to the previous year, demonstrating the resilience of its business model and ongoing development strategy. Additionally, the group reported positive operating cash flows, with a cash balance of 180 million AED to support its expansion plans and financial sustainability.
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