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Reading: 579 million dirhams in “Al-Seer Marine” revenues in the first half
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Business ReportsCompaniesEmirates

579 million dirhams in “Al-Seer Marine” revenues in the first half

It confirmed the efficiency of its operational operations and the strength of its commercial performance

Sami Zarqa
Last updated: 29/07/2026 3:13 pm
Sami Zarqa
Sami Zarqa
BySami Zarqa
News Editor
A professional journalist and writer, he has worked in the media and visual journalism field for over 20 years. During his career, he has covered various...
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579 million dirhams in "Al-Seer Marine" revenues in the first half
Al-Seer Marine joined the UAE Shipbuilders Coalition (Photo/WAM)
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Abu Dhabi, UAE – Al Sayr Marine Equipment and Supplies Company, a subsidiary of International Holding Company, announced its financial results for the first half of 2026. Achieving operating profits of AED 89.2 million prior to adjustments to the fair value of its investment portfolio. Despite continuing tension in the region’s shipping sector.

Sir Marine confirmed the efficiency of its operational operations and the strength of its commercial performance. With total revenues of 578.9 million dirhams.

The company’s non-current assets amounted to AED 2.30 billion, and AED 5.53 billion in current assets, as of June 30, 2026. The company maintains a solid capital base, with total shareholders’ equity amounting to AED 3.9 billion.

Maintaining operational processes

During the first half of the year, Sir Marine maintained 100% operations. This enabled it to deliver vital orders within a strategic national maritime security programme. Its business has also expanded by signing several agreements with Abu Dhabi Mobility in the field of automated 3D printing of large models. Responds Plus Medical Company “RBM” is in the field of advanced marine ambulance solutions. As well as The Captains Holding Company, to form an integrated marine work system.

On the shipbuilding front, Sir Marin joined the UAE Shipbuilders Coalition. To devote its role to developing the national marine industrial base.

TAGGED:ِAbu DhabiAl Seer MarineInternational Holding CompanyVoice Of Emirates
SOURCES:WAMVoice of the Emirates
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