UAE listed firms’ Q2 profits surge 28.6% to Dh79.2 billion on banking, real estate strength

Listed companies in Abu Dhabi and Dubai reported combined net profits of $21.6 billion (Dh79.2 billion) in the second quarter of 2026, up 28.6 per cent from $16.8 billion in the same period last year, according to the latest GCC Corporate Earnings Report by Kamco Invest. Abu Dhabi-listed firms accounted for the bulk of the growth, with net profits climbing 41.8 per cent year-on-year to $14.7 billion, compared with $10.3 billion in the second quarter of 2025. Dubai-listed companies added $6.9 billion in net profits, a more modest 4.9 per cent increase from $6.5 billion a year earlier. Stay up…