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Gulf Stocks Fall as Banks Weigh, With FAB Down 4.2% and Saudi Index Off 1% Despite Weekly Gain

Gulf bourses closed lower on Thursday as bank stocks fell, with Abu Dhabi's index down 1.2% and Saudi Arabia's benchmark off 1%.

Saudi Services Exports Rise 6.9% to SR251.7 Billion in 2025 on Travel Spending, GASTAT Says

Saudi Arabia's services exports rose 6.9% to SR251.7 billion in 2025, led by travel, while services imports increased 4.2% to SR488.6 billion.

Abu Dhabi Apartment Prices Rise 24% in Third Quarter as Residential Values Climb 16.8%, ValuStrat Says

Abu Dhabi apartment prices rose 24% year on year in the third quarter and villa prices gained 10.2%, according to property consultancy ValuStrat.

Masdar Starts Building 200MW Floating Solar Plant in Malaysia, Its First Project in the Country

Abu Dhabi's Masdar and Malaysian partners began building the 200MW Chereh Dam floating solar plant, financed with about RM580 million from three international lenders.

Mashreq Nine-Month Profit Before Tax Rises 18% to Record AED7.3 Billion as Customer Loans Grow 33%

Mashreq's nine-month profit before tax rose 18% to a record AED7.3 billion as customer loans grew 33% and the bank booked a net impairment release.

Saudi Cable Third-Quarter Profit Halves to SR18.3 Million as Revenue Falls 49% on Liquidity Strains

Saudi Cable's third-quarter net profit fell 50.3% to SR18.3 million as revenue dropped 48.8%, and its auditor flagged material uncertainty over its ability to continue as a going concern.

Saudi Ceramics Third-Quarter Profit Jumps to SR28.75 Million From SR6.47 Million as Gross Margin Widens

Saudi Ceramics' third-quarter net profit rose 344.6% to SR28.75 million as revenue climbed 16.4% and its gross margin widened to 32%.

SAPTCO Third-Quarter Profit Jumps to SR10.4 Million as Revenue Rises 31% on Higher Transport Operations

Saudi Public Transport Company's third-quarter net profit rose 380.8% to SR10.4 million as revenue climbed 30.8% to SR476 million.

Saudi Industrial Investment Group Third-Quarter Profit Rises to SR90 Million From SR8 Million on Joint Venture Earnings

Saudi Industrial Investment Group's third-quarter net profit rose to SR90 million from SR8 million as its share of joint venture earnings increased.

Dubai Refreshment Nine-Month Profit Rises 17.7% to AED147.8 Million as Revenue Before Excise Grows 12%

Dubai Refreshment's nine-month profit rose 17.7% to AED147.8 million, while revenue before excise tax increased 12.2% to AED748.0 million.

Etihad Credit Bureau Launches Credit Score 3i, Letting Scores Reflect Better Repayment Within Six Months of Settling Defaults

The UAE's federal credit bureau launched a scoring model that looks at 36 months of history and can reflect improved repayment within six months of settling defaults.

Oracle Is Adding Data Centers in the UAE and Saudi Arabia as AI Demand Grows, Executive Says

Oracle is opening more data centers in the UAE and Saudi Arabia to meet rising AI demand, a senior executive told The National.

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