GulfGulf direct: this report names Kuwait or a GCC economy, business, or policy.
Emirates Group's $980 million half-year profit could show Gulf aviation may withstand regional disruption and higher fuel costs.
Emirates Group posts $980 million in half-year profit despite regional challenges
In simple terms
Dubai's Emirates Group posted a Dh3.6 billion ($980 million) in half-year profits after tax, despite disruptions related to the Iran war and higher fuel costs. Revenue for the six months to the end of September reached Dh66.2 billion, Emirates said in a statement on Thursday.
Why it matters for the Gulf
- Emirates Group reported Dh3.6 billion half-year profit after tax.
- Profit came despite Iran war disruptions and higher fuel costs.
- Dubai aviation revenue could stay resilient despite regional pressures.
Earlier coverage
Earlier coverage on GreyNews
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