UAE listed firms’ Q2 profits surge 28.6% to Dh79.2 billion on banking, real estate strength

Listed companies in Abu Dhabi and Dubai have reported a significant profit surge of 28.6% in Q2 2026, driven by robust performance in the banking and real estate sectors. This financial strength indicates high liquidity in the market, likely leading to increased capital expenditure (CAPEX) for large-scale infrastructure and construction projects. For procurement managers, this represents a period of high demand for heavy machinery and industrial equipment.

As real estate developers expand their portfolios, the demand for tower cranes, concrete pumps, and earthmoving equipment is expected to spike. Procurement departments should act quickly to secure lead times with major OEMs like Caterpillar, Komatsu, or Liebherr, as increased project activity could lead to supply chain bottlenecks. The banking sector's strength also suggests better financing options for equipment leasing and industrial credit lines.