Economy Local 2025-11-07T22:22:03+00:00

«Al Ittihad Cooperative» Reports Record Q3 Financial Results

«Al Ittihad Cooperative» announced its Q3 2025 financial results. Total income grew by 8% to 1.7 billion dirhams. The company recorded record sales, customer base growth, and digital service expansion.


«Al Ittihad Cooperative» Reports Record Q3 Financial Results

«Al Ittihad Cooperative» announced yesterday its financial results for the third quarter of 2025, recording a total income of 1.7 billion dirhams, an 8% increase compared to the same period last year. Pre-tax profits reached 251 million dirhams, a 6% year-over-year increase, while post-tax profits amounted to 227 million dirhams, growing by 7%. According to a statement from the Cooperative, the third quarter marked the highest sales in its history since its listing on the Dubai Financial Market, driven by strong growth in its customer base and the expansion of its digital and in-field services. The CEO of «Al Ittihad Cooperative», Mohammed Al Hashimi, stated: «During the third quarter, we witnessed a remarkable 19% growth in the number of active customers, alongside a 66% year-over-year increase in new customers, as well as a 27% rise in e-commerce sales». He noted that the Cooperative continued to invest in developing its stores and infrastructure, opening four new stores and renovating four others this year. Additionally, the first traditional store with a subscription service was launched in Dubai, and self-checkout and mobile payment solutions were expanded. Al Hashimi added that the loyalty program «Tammiz» achieved high user rates across the country, with 87% of active users using it. He also highlighted that the localization rate at the Cooperative has reached 38%, and the Cooperative supports the state's vision for empowering women in leadership positions, with women holding 25% of leadership roles.