Emirates Group achieves 23rd consecutive year of profit
The Emirates Group, which operates Emirates Airline and Dnata, said, it has achieved its 23rd consecutive year of profit with a record performance of Dh5.9 billion net profit, despite a challenging business climate.
The net profit of Emirates NBD dropped by 41% y/y to AED 852mn in Q2 this year 'due to the prudent credit impairment allowances taken by the bank during the year, the bank's CEO Rick Pudner, said.