The profit of the "Emirates Group" decreased by 66%; The blow of the war against Iran The Emirates Group, which owns Emirates Airlines, announced today that its profit dropped by 66% in the first half of the fiscal year, a drop that the group believes is a result of the war against Iran and the sharp increase in the price of jet fuel. The Dubai-based group announced in a statement that its net profit after tax reached 3.6 billion dirhams (about $1 billion). Emirates Airlines, which is affiliated with this group, also experienced a decline in pre-tax profit, earning 3.7 billion dirhams ($1 billion) in the first half of the 2026-2027 financial year. While the profit of this company in the corresponding period last year was an unprecedented figure and equal to 11.4 billion dirhams (3.1 billion dollars); This company was also affected by the increase in fuel prices. Read the full description of this report here.