What was Emaar The Economic City's net loss in Q2 2026?

Emaar The Economic City (EEC) reported a net loss of **SAR 22 million**, which is equivalent to **$5.87 million**, for the second quarter of 2026.

How did EEC's Q2 2026 financial performance compare to the previous year?

The company's net loss in Q2 2026 significantly improved from SAR 93 million in Q2 2025. Also, revenue increased to SAR 127 million, up from SAR 118 million in the previous year's second quarter.

What factors contributed to Emaar The Economic City's improved results?

The improvement was attributed to a combination of higher revenues, reduced operating expenses, lower financial charges, and decreased losses from investee companies.

What is the total accumulated loss for Emaar The Economic City?

As of the first half of the year, Emaar The Economic City has accumulated losses totaling SAR 265 million, which represents 3% of the company’s capital.

What was the change in Emaar The Economic City's shareholders' equity?

For the first six months of the year, total shareholders’ equity for Emaar The Economic City surged by nearly 80%, reaching SAR 9.08 billion.

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Market Data·12 August 2026

Emaar Economic City Reduces Q2 Net Loss, Boosts Revenue

Saudi-backed Emaar The Economic City reported a reduced net loss of SAR 22 million ($5.87 million) in Q2 2026, significantly improving from the previous year's SAR 93 million shortfall, driven by higher revenues.

Emaar The Economic City (EEC), a Saudi developer supported by the Public Investment Fund (PIF), announced a net loss of SAR 22 million ($5.87 million) for the second quarter of 2026. This represents a substantial improvement compared to the SAR 93 million net loss recorded in the same period last year.

The company's total net loss for the first half of the year stood at SAR 203 million, a slight decrease from SAR 216 million in the first half of 2025, indicating a positive financial trajectory.

The improved performance was primarily attributed to higher revenues, which reached SAR 127 million in Q2 2026, up from SAR 118 million year-on-year. Also, lower operating expenses, reduced financial charges, and decreased losses from investee companies contributed to the better results. Total shareholders’ equity for the first six months of the year surged by nearly 80% to SAR 9.08 billion. Loss per share improved to -SAR 0.23, from -SAR 0.41 in the first half of the previous year. Accumulated losses for EEC currently stand at SAR 265 million, which accounts for 3% of the company's capital.

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Questions, answered

What was Emaar The Economic City's net loss in Q2 2026?: Emaar The Economic City (EEC) reported a net loss of **SAR 22 million**, which is equivalent to **$5.87 million**, for the second quarter of 2026.
How did EEC's Q2 2026 financial performance compare to the previous year?: The company's net loss in Q2 2026 significantly improved from SAR 93 million in Q2 2025. Also, revenue increased to SAR 127 million, up from SAR 118 million in the previous year's second quarter.
What factors contributed to Emaar The Economic City's improved results?: The improvement was attributed to a combination of higher revenues, reduced operating expenses, lower financial charges, and decreased losses from investee companies.
What is the total accumulated loss for Emaar The Economic City?: As of the first half of the year, Emaar The Economic City has accumulated losses totaling SAR 265 million, which represents 3% of the company’s capital.
What was the change in Emaar The Economic City's shareholders' equity?: For the first six months of the year, total shareholders’ equity for Emaar The Economic City surged by nearly 80%, reaching SAR 9.08 billion.

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This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

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