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Iraq Bulletin

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DAE posts US$85.8 million net income for first quarter of 2025

iraqbulletin.co
Dubai Aerospace Enterprise (DAE) reported a net profit of US$85.8 million for the first quarter of 2025, representing a 26.5% increase from the US$67.8 million recorded during the same period in 2024. The company also noted a significant rise in...
Business

DAE announces $300 million increase in bond repurchase authorization

iraqbulletin.co
Dubai Aerospace Enterprise (DAE) revealed today that its Board of Directors and Shareholders have approved an additional $300 million for bond repurchases through open market transactions. This move follows DAE's previous repurchases of around US$1.13 billion of principal amount of...