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In the Middle East revenue increased by 29 per cent to £216.7m and operating profit leapt by 56 per cent to £22.5m.
Strata, which is wholly owned by the state-held investment fund Mubadala, produced vertical fin ribs for the Dreamliner delivered to Etihad Airways.
The main growth drivers include increased activity by Air Berlin, Jet Airways and Air Seychelles, and the addition of four new routes by Etihad Airways and Alitalia.
Each island would be completely self-supporting and have its own residence, garden, pool and beach.
Developer says there will be more opportunities for local contractors to tender for work later this year.
Over the last four years, Dubai has had a net absorption rate in its central business district of about 112,000 square metres a year.
Firm appointed by Meraas Holding as lead consultant for five-star hotel and residences complex off Dubai coastline.
The district cooling utility firm will buy about 854 million bonds, equivalent to 28 per cent of Tabreed bonds that Mubadala holds.
