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Borouge Third-Quarter Sales Volumes Rise 22% as Output Recovers, Net Profit at $109 Million

Borouge's sales volumes rose 22% from the previous quarter to 1.07 million tonnes in the third quarter of 2026, while net profit was $109 million as lower polyolefin prices weighed on margins.

Acwa and EIG Form Plenum Power to Invest in US Power Infrastructure, Targeting About $4 Billion in Initial Equity

Saudi-listed Acwa and US energy investor EIG have signed definitive agreements to form Plenum Power, a partnership to invest in US power infrastructure with a targeted initial equity commitment of about $4 billion.

Abu Dhabi’s Al Gharbia Pipe Company Expects Demand to Rise as Gulf States Plan Hormuz Bypass Pipelines

Al Gharbia Pipe Company expects more orders as Gulf countries plan pipelines that avoid the Strait of Hormuz, and aims to raise output to 200,000 tonnes next year.

TECOM Group Nine-Month Recurring Profit Rises 10% to AED1.22 Billion as Land Lease Revenue Jumps

TECOM Group's recurring net profit rose 10% to AED1.22 billion in the first nine months of 2026, as revenue grew 11% to AED2.35 billion on 97% occupancy.

FAB Nine-Month Profit Before Tax Rises 5% to AED20.22 Billion as Loans Grow 10%

First Abu Dhabi Bank's profit before tax rose 5% to AED20.22 billion in the first nine months of 2026, while net profit climbed 3% to AED16.46 billion.

Investcorp Raised More Than $7 Billion in Fiscal 2026, Beating Targets Despite the War, Kapoor Says

Bahrain-based Investcorp raised more than $7 billion in its fiscal year to June 30 and ended the period with $64 billion in assets, ahead of its targets, its chief investment officer said.

Botim Launches First Fintech-Issued Jaywan Prepaid Card, Aiming to Reach Up to 4 Million UAE Workers

Botim has launched the Botim One Jaywan Prepaid Card, the first prepaid card issued by a UAE fintech under Jaywan, the national card scheme run by a Central Bank of the UAE subsidiary.

Scale AI Signs Agreement With United Development Company for Long-Term Office of Nearly 2,000 Square Meters at The Pearl in Doha

Scale AI signed an agreement with United Development Company to set up a long-term base of nearly 2,000 square meters at UDC Tower on The Pearl Island in Doha.

Qatar Cabinet Approves Draft Law Extending Market Regulator’s Remit to Digital Securities

Qatar's Cabinet approved a draft law expanding the Qatar Financial Markets Authority's scope to digital securities and off-market activities, and referred it to the Shura Council.

Kuwait’s Capital Markets Authority Approves Listing of Estate Capital on Boursa Kuwait’s Main Market

Kuwait's Capital Markets Authority approved the listing of Estate Capital Investment Company's shares on the Main Market of Boursa Kuwait.

Abu Dhabi’s ADGM Issues Crypto Mining Guidance, Treating Mining as a Licensable Commercial Activity

ADGM's Registration Authority has published guidance that treats crypto mining as a licensable commercial activity rather than a regulated financial service.

Doha Insurance Group Nine-Month Profit Rises 5% to QR167.5 Million

Doha Insurance Group's net profit for the first nine months of 2026 rose 5.04% to QR167.54 million from QR159.49 million a year earlier.

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