Emirates Group reports record half-year profit despite new tax

The Emirates Group has recorded its highest-ever half-year financial results, achieving a pre-tax profit of AED 10.4 billion (US$ 2.8 billion) for the first six months of 2024-25, surpassing the previous record for the same period last year.

This is the Group’s first financial year subject to the UAE’s corporate income tax, introduced in 2023. After the 9% tax charge, net profit stands at AED 9.3 billion (US$ 2.5 billion).

Despite a slight drop from AED 20.6 billion last year, the…