Construction & Real Estate

Acwa's 2025 revenue soars to $1.97bn; net profit up 60pc

Saudi utility major Acwa has reported solid results for FY 2025 with its revenue soaring to hit SAR7.41 billion ($1.97 billion) and its net profit recording a 60% growth over the previous year as higher operating income and stronger contributions from operating assets lifted earnings. ...

Construction & Real Estate

AHS' flagship commercial tower in Dubai fully sold out

AHS Properties has announced that its flagship commercial project, AHS Tower, in Dubai has been fully sold out, generating more than $700 million in revenue. Designed by renowned architecture firm Killa Design, the 69-storey tower will come up on Sheikh Zayed Road. ...

Construction & Real Estate

GFH posts solid 2025 results; net profit surges 18.2% to $140m

GFH Group, a leading regional financial group with interests in asset management and real estate sectors, has reported a 18.2% growth in its net profit for FY 2025 which rose to $140 million, supported by higher income from its wealth and investment management, credit and treasury businesses. ...

Construction & Real Estate

ALEC Holdings revenue up 56% to $3.43bn; net profit nearly doubles

ALEC Holdings, a market-leading diversified engineering and construction group, delivered a record set of results in FY 2025, with revenue rising 56% YoY to AED12.6 billion ($3.43 billion), underpinned by strong conversion of the order book and disciplined execution across the group’s diversified platform. ...

Construction & Real Estate

Dewa delivers record $8.9bn revenue for 2025; net profit hits $2.5bn

Dubai Electricity and Water Authority (Dewa) has announced that it has delivered the strongest financial and operational performance in its history for the full year 2025, recording a net profit after tax of AED9.1 billion ($2.5 billion) and a consolidated revenue of AED32.84 billion ($8.9 billion). ...

Construction & Real Estate

Empower's profit up 10.5pc in 2025; revenue soars to $925m

Emirates Central Cooling Systems Corporation (Empower) has announced solid results for the FY 2025, with record revenues of AED3.4 billion ($925.6 million), up 4.9% over the previous year, while its net profit surged by 10.5% to hit AED1.004 billion ($273 million) for 12-month period. ...

Construction & Real Estate

NMDC Group posts $1bn net profit for 2025, up 29%

NMDC Group, a global leader in engineering, procurement, construction and marine dredging, today announced a strong set of financial results for 2025, reporting revenues of AED28.8 billion ($7.84 billion), up 10% y-o-y. Net profit surged 29% y-o-y to cross the AED4.0 billion ($1.089 billion) mark....