DFM ---ADX ---
1hOrient Insurance Hits Dh545 Million Profit Milestone in H1 2026Business
4hUAE Economy Reaches Dh485 Billion in Q1 2026Business
7hUAE Insurers Urged to Streamline Claims Processes Before 2026 Compliance DeadlineBusiness
8hUAE Employees Face Steady Salary Growth Through 2027Business
12hUAE Gold Market Sees Shift: Jewellery Demand Declines as Investment Interest SurgesBusiness
20hOil Market Slumps as Trump’s Iran Rhetoric Sparks Price VolatilityBusiness
20hUAE’s Shift Toward People-Centric LeadershipBusiness
22hAbu Dhabi’s Aleria Expands Global Sovereign AI FootprintBusiness
23hFreelander 8 Enters Mass Production Ahead of UAE DebutBusiness
23hKuwait Recalls Popular Land Rover Models Over Airbag ConcernsBusiness
23hGCC Pharma Market Surges Past $30 Billion Amid Local Production PushBusiness
1dRiyadh Air's Expansion: Connecting Saudi Arabia to Pakistan and the PhilippinesBusiness
1dIndia Extends Tax Breaks to 2041 to Bolster Tech ManufacturingBusiness
1dUS Shale Sector Braces for Massive Windfall as Conflict Drives Up Oil PricesBusiness
1dOil Prices Dip as Diplomatic Hopes RiseBusiness
1dS&P Global Ratings Downgrades Middle East Sustainable Bond Outlook for 2026Business
1dGlobal Manufacturing Hit by Middle East Conflict and Rising CostsBusiness
1dWhy India’s Centralized KYC Model Could Reshape Banking Efficiency in the UAEBusiness
1dSharjah Hosts Fifth Edition of Leading Automotive Trade ExpoBusiness
1dWhen Will Apple Unveil the iPhone 18? A Look at the Expected TimelineBusiness
1dDubai Residential REIT Reports 15% Profit Surge in H1 2026Business
1dDubai Gold Prices Remain Under Pressure for Second Consecutive WeekBusiness
1dADNOC Shifts Crude Pricing Strategy to Platts Dubai BenchmarkBusiness
1dThe UAE’s Digital Economy: Why Trust Has Replaced Speed as the Key Competitive AdvantageBusiness
1dEmirates NBD Egypt Expands Retail Footprint Through HSBC AcquisitionBusiness

Orient Insurance Hits Dh545 Million Profit Milestone in H1 2026

Tue, Aug 4, 2026(1h ago)Business

Orient Insurance, a prominent subsidiary of the Al-Futtaim Group, has announced a strong financial performance for the first half of 2026. The company reported a net profit of Dh545 million, marking an 8 per cent rise from the Dh503 million recorded during the same period last year. This upward trend was supported by a 17 per cent jump in revenue, which climbed to Dh5.22 billion. Furthermore, the insurer strengthened its financial foundation, with total equity growing to Dh6.19 billion and total assets surging by 18 per cent to reach Dh20.02 billion.

Underpinning this success is the company’s ongoing focus on digital transformation and operational efficiency. President Omer Elamin emphasized that these investments in technology are central to navigating the shifting insurance landscape while ensuring sustainable value for shareholders. With a history dating back to 1982, Orient Insurance continues to build on its reputation as a market leader in the UAE and the GCC, setting new growth benchmarks through a disciplined strategy that balances technological integration with robust commercial performance.

Comments0
No comments yet. Be the first to share your thoughts.