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Drake & Scull International (DSI) reported a revenue of AED 76.6 million in the first quarter of 2026, marking a 152% increase compared to the same period in 2025. The net profit for the quarter reached AED 4.4 million, an 81% rise year-on-year. The company, active in engineering, construction, and development, attributed the growth to accelerated execution in its infrastructure and water treatment projects. The gross profit increased significantly to AED 8.2 million, with the gross margin improving from 7% to 11%. Despite regional challenges, DSI maintained a stable balance sheet, with total assets at AED 583.4 million and strong liquidity with cash and bank balances at AED 209.4 million. Total equity stood at AED 191.8 million.
On May 13, 2026, Watania International Holding (PJSC) held a Board of Directors meeting at 2:00 PM. The board approved the financial statements for the first quarter ending March 31, 2026, and discussed routine business matters. The meeting details were authorized by Nawal Ma’ally, the Board Secretary, with the company's seal affixed on the same date.
The Dubai Taxi Company PJSC has scheduled an analysts' call on Thursday, May 14, 2026, at 2:00 PM to discuss the acquisition deal of National Taxi LLC. The presentation for this meeting will be available on the company's website prior to the call. The communication is addressed to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, with a copy sent to the Securities and Commodities Authority. Nader Ibrahim Mugbil, Head of Investor Relations, signed the notice.
Takaful Emarat Insurance (P.S.C) is a public shareholding company based in Dubai, United Arab Emirates, and is subject to Federal Law No. (48) of 2023. It is registered under the insurance companies register No. 86 since October 14, 2008. The company can be contacted via phone at +971 4 230 9300 or fax at +971 4 230 9333. The Chief Executive Officer is H.E. Waleed Saeed Al Awadhi. A board meeting by circulation is scheduled for Friday, May 15, 2026, at 3:00 PM to review and approve the unaudited financial statements for the first quarter of 2026. The authorized signatory for the disclosure is Adnan Saba Al Aish, the Chief Executive Officer, with the signature dated May 13, 2026.