Showing 9 of 68
  • UAE Flag
    FIRST LOOK NOTES
    14 Nov 2025
    Air Arabia
    ACCUMULATE
    AED 3.91
    AED 4.40
    +12.53%

    UAE Equity Research - Air Arabia 3Q25 - First Look Note

    Seat load factors across all hubs stood at 84.5% in 3Q25, compared to 81.2% in 3Q24. No. of passengers who travelled across all its hubs surged from 5.1 Mn in 3Q24 to 5.9 Mn in 3Q25. The Company expanded its network by launching 12 new routes and added six new aircraft to its fleet during 9M25.
  • UAE Flag
    FIRST LOOK NOTES
    13 Nov 2025
    Dubai Taxi Company
    BUY
    AED 2.60
    AED 3.00
    +15.38%

    UAE Equity Research - Dubai Taxi Company (DTC) 3Q25 - First Look Note

    Total fleet size increased from 8,793 in 3Q24 to 10,500 in 3Q25, while the number of trips grew 6.5% YOY to AED 13.1 Mn. Expanded e-hailing network through partnership with Kabi, integrating 9,800 taxis of Kabi and DTC on the Bolt platform.
  • UAE Flag
    EARNINGS CALL INSIGHT
    12 Nov 2025
    Dubai Taxi Company
    BUY
    AED 2.62
    AED 3.00
    +14.50%

    UAE Equity Research - Dubai Taxi Co (DTC) 3Q25 - Earnings Call Insight

    DTC’s revenue grew 15.4% YOY to AED 585 Mn in 3Q25, owing to fleet expansion and a higher number of trips. Revenue on a like-for-like basis, excluding Connectech rose 14.9% YOY in 3Q25. Total trips across the Taxi and Limousine Segments rose 6.5% YOY to 13.1 Mn in 3Q25, attributed to continued growth in Dubai tourism and sustained improvement in fleet productivity.
  • UAE Flag
    SECTOR NOTE
    30 Sep 2025
    Transportation

    UAE Equity Research - Transportation Sector 3Q25 - Preview Note

    We maintain a positive outlook on the UAE transportation sector, supported by strong tourism inflows and resilient macroeconomic conditions. Our stance on DTC remains favourable, underpinned by its steady expansion and solid fundamentals.

  • UAE Flag
    FIRST LOOK NOTES
    19 Aug 2025
    Air Arabia
    HOLD
    AED 3.75
    AED 4.00
    +6.67%

    UAE Equity Research - Air Arabia 2Q25 - First Look Note

    Seat load factor across all hubs stood at 85% in 2Q25, compared to 79% in 2Q24. No. of passengers who travelled across all its hubs surged from 4.5 Mn in 2Q24 to 5.1 Mn in 2Q25. Added two aircraft in 1H25 with a total fleet of 83 owned and leased fleet.
  • UAE Flag
    FIRST LOOK NOTES
    15 Aug 2025
    Abu Dhabi Ports
    BUY
    AED 4.30
    AED 7.00
    +62.79%

    UAE Equity Research - Abu Dhabi Ports Company (ADPORTS) 2Q25 - First Look Note

    ADPORTS advanced two spots to rank as the 19th largest global port operator and is projected to reach 18th by end-2025. ADPORTS's total debt grew from AED 18.0 Bn in 1Q25 to AED 18.6 Bn in 2Q25. The Capex declined 21% YOY to AED 928 Mn in 2Q25, bringing the YTD spend to AED 1.9 Bn in 1H25, with c. half of YTD 2025 capex invested in infrastructure.
  • UAE Flag
    FIRST LOOK NOTES
    14 Aug 2025
    Aramex
    ACCUMULATE
    AED 2.71
    AED 3.10
    +14.39%

    UAE Equity Research - Aramex(ARMX) 2Q25 - First Look Note

    The Company’s gross margins declined from 23.1% in 2Q24 to 22.0% in 2Q25, driven by a change in product mix and increased direct costs. Free cash flow grew significantly from AED 2 Mn in 2Q24 to AED 19 Mn in 2Q25, mainly attributable to lower lease payments.
  • UAE Flag
    EARNINGS CALL INSIGHT
    14 Aug 2025
    Abu Dhabi Ports
    BUY
    AED 4.20
    AED 7.00
    +66.67%

    UAE Equity Research - Abu Dhabi Ports Company (ADPORTS) 2Q25 - Earnings Call Insight

    ADPORTS revenue increased 15.4% YOY to AED 4,826 Mn in 2Q25, primarily driven by robust double-digit growth across the Ports, Digital, EC&FZ and Maritime & Shipping clusters. On an LFL basis, excluding the impact of M&A contribution, ADPORTS revenue grew 10% YOY in 2Q25.
  • UAE Flag
    FIRST LOOK NOTES
    30 Jul 2025
    Dubai Taxi Company
    ACCUMULATE
    AED 2.70
    AED 3.00
    +11.11%

    UAE Equity Research- Dubai Taxi Company (DTC)- 2Q25 First Look Note

    Total fleet size increased from 8,247 in 2Q24 to 10,180 in 2Q25, while the number of trips grew 19% YOY to AED 13.6 Mn. Secured an exclusive five-year strategic partnership with Dubai Airports to serve the rising passenger traffic in the emirate.

Filter by

Advance Search

Search Company

List of companies
Search result