By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
businesspressbusinesspressbusinesspress
Notification Show More
Font ResizerAa
  • Home
  • Interview
  • News
  • Press Release
  • Event
  • Real Estate
  • Finance
  • Technology
  • Business
  • Startups
Reading: Dubai: Emirates Group Reports a Dh18.7 Billion Record Profit, up 71% From the Previous Year
Share
Font ResizerAa
businesspressbusinesspress
  • Home
  • Interview
  • News
  • Press Release
  • Event
  • Real Estate
  • Finance
  • Technology
  • Business
  • Startups
  • Home
  • Interview
  • News
  • Press Release
  • Event
  • Real Estate
  • Finance
  • Technology
  • Business
  • Startups
Have an existing account? Sign In
businesspress > Blog > Business > Dubai: Emirates Group Reports a Dh18.7 Billion Record Profit, up 71% From the Previous Year
BusinessNews

Dubai: Emirates Group Reports a Dh18.7 Billion Record Profit, up 71% From the Previous Year

BusinessPress
Last updated: May 13, 2024 10:08 am
BusinessPress
Published May 13, 2024
Share
SHARE

Emirates Group, based in Dubai, reported its best-ever financial results for the fiscal year 2023–2024, setting new benchmarks for profit, revenue, and cash balance.

The company announced a Dh18.7 billion total profit, a remarkable 71% increase over last year’s Dh10.9 billion profit.

In 2023–2024, Emirates and Dnata both experienced notable gains in profit and revenue as the Group extended its global operations to satisfy robust customer demand for its superior goods and services.Both Emirates and dnata have forged successful business models leveraging Dubai’s unique advantages, in turn generating enormous value for Dubai and the communities they serve around the world.”

With combined group profits of Dh29.6 billion over the past two years, they have surpassed pandemic losses of Dh25.9 billion in 2020–2022.

“The Emirates Group saw high demand for air transport and travel related services around the world, and because we were able to move quickly to deliver what customers want, we achieved tremendous results,” said Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates airline and Group. We are enjoying the results of years of constant investment in our services and goods, solid partnerships, and the skills of our skilled workforce.

Also Read:

This Week, 24 Indian Startups Raised Over $320 Million   

IT layoffs 2024: More Than 2,000 Jobs are Cut During the Second week of May, and Indian Businesses follow Suit

You Might Also Like

Bitcoin Soars on Trump Proposals, as European Markets Rise as Defense Stocks Soar

Pope Francis Makes an Unexpected Visit to St. Peter’s Basilica While Wearing Black Pants Instead of Papal Vestments

Arabian Gulf: $500 Million Sukuk is Successfully Issued by Sharjah Islamic Bank

G42, Supported by Microsoft, releases Nanda, a large-Scale Hindi language Model for India

Donald Trump’s Criticism of Fed Chair Jerome Powell Causes the Dollar to Fall to a Three-Year Low

Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




Follow US

Find US on Social Medias
Facebook X-twitter Instagram Linkedin
Popular News
Investcorp Capital has Approved $115 Million in Dividends for 2024
FinanceNews

Investcorp Capital Has Approved $115 Million in Dividends For 2024

BusinessPress
BusinessPress
September 11, 2024
Sheikh Mohammed Expresses Condolences to UAQ Ruler on the Demise of His Mother
Piyush Goyal Pledges To Work With Rbi To Address Realtor Financing Concerns
A Competitive Intellectual Property System is being Built in the UAE
A deal is signed by FPSB India and IFSCA to Advance GIFT IFSC as a Global Finance Hub

Categories

  • Business
  • Crypto
  • Event
  • Fashion
  • Finance
  • Gaming
  • Health & Fitness
  • Interview
  • Lifestyle
  • Marketing
  • News
  • Opinion
  • Photography
  • Press Release
  • Real Estate
  • Science
  • Social Media
  • Software
  • Startups
  • Technology
  • Uncategorized
  • World
Reading: Dubai: Emirates Group Reports a Dh18.7 Billion Record Profit, up 71% From the Previous Year
Share

About US

Business Press is an online media platform dedicated to providing valuable insights into the business world, covering a wide range of niches including technology, finance, marketing, health, artificial intelligence, events, software, cryptocurrency, and more. With a team of experienced journalists and industry experts, Business Press delivers the latest trends, analysis, opinion pieces, and exclusive interviews, catering to the needs of entrepreneurs, professionals, and business enthusiasts. The platform is committed to offering content that is informative, engaging, and thought-provoking, helping readers stay ahead in the ever-evolving business landscape.

Contact Now

sales@businesspress.online
+91.9899630849

© Business Press 2025. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?