Dubai’s Emirates Group made waves today with its staggering annual profits announcement, soaring to $5.1 billion, marking a remarkable 71 per cent increase. This achievement, sets a new record for the second consecutive year.
In a move to share this success with its workforce, the Emirates Group has granted a generous 20-week bonus to its employees. This is also a part of the company’s commitment to recognising their dedication and contribution to the company’s triumph.
The announcement comes amidst a period of robust expansion, with the Group’s workforce reaching a record high of 1,12,406 employees. This is a 10 per cent increase from the previous year. Both Emirates and dnata, subsidiaries of the Emirates Group, have intensified their global recruitment efforts. This expansion aims to bolster operational capacities and fortify capabilities across various sectors.
Sheikh Ahmed bin Saeed Al Maktoum, chairman and CEO, Emirates Group, announced the news in an X post. He highlighted that the Group’s exceptional financial standing today sets a solid foundation for its future endeavours.
The remarkable financial performance is further accentuated by a record revenue of Dh137.3 billion ($37.4 billion), up 15 per cent, propelled by robust customer demand across business divisions.