Page 30 · Business & Finance

Emirates Group performance

THE Emirates Group has announced its half-year financial results, posting a profit before tax of $1.1 billion for the first six months of 2026-27, a remarkable performance against the disruption and high fuel prices caused by the ongoing conflict in the Gulf region.

After accounting for income tax charges, the group’s profit after tax is $1bn, down 66pc from last year.

His Highness (HH) Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive of the Emirates Airline and Group, said: ‘It has been a demanding six months, and once again our business model and our people stood up to the test against unprecedented regional challenges and high fuel prices’. • PR