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Reading: With a growth of 7% and an increase in income of 8% to 1.7 billion dirhams.. 227 million dirhams net profits of the “Union Cooperative” in 3 months
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With a growth of 7% and an increase in income of 8% to 1.7 billion dirhams.. 227 million dirhams net profits of the “Union Cooperative” in 3 months

Four new stores were opened and four others were renovated, modernized and developed during the current year

Last updated: 08/11/2025 11:44 am
Sami Zarqa
BySami Zarqa
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With a growth of 7% and an increase in income of 8% to 1.7 billion dirhams.. 227 million dirhams net profits of the "Union Cooperative" in 3 months
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Dubai, United Arab Emirates – Al-Ittihad Cooperative announced its financial results for the third quarter of 2025.

It recorded a total income of 1.7 billion dirhams, an increase of 8% compared to the same period last year.

Pre-tax profits reached 251 million dirhams, an increase of 6% year-on-year, while post-tax profits reached 227 million dirhams, a growth of 7%.

The cooperative said in a statement that the third quarter witnessed the highest sales in its history since listing on the Dubai Financial Market, driven by strong growth in the customer base and the expansion of its digital and field services.

The CEO of the cooperative, Mohammed Al-Hashemi, said: “During the third quarter, we witnessed a remarkable growth in the number of active customers by 19%, and an increase in the number of new customers by 66% on an annual basis, in addition to an increase in e-commerce sales by 27%.”

He pointed out that the cooperative continued to invest in developing its stores and infrastructure.

Four new stores were opened and four others were renovated, modernized and developed during the current year.

In addition to launching the first traditional subscription store in the Emirate of Dubai, and expanding self-payment and mobile solutions in the cooperative’s “Pay and Go”» and “Scan and Go” stores.

He added that the “Tamayoz” loyalty program achieved high user rates nationwide, reaching 87% of active users.

Al-Hashemi pointed out that the localization rate in the “cooperative” has reached 38% so far.

He stressed that the “cooperative” supports the state’s vision of paying attention to the female element and appointing women to leadership positions.

The percentage of women in leadership positions in the “cooperative” reached 25%.

TAGGED:Dubai Financial MarketUnion Coop
SOURCES:Voice of the Emirates
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