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Industries Qatar Swings to Nine-Month Loss of QR809.2 Million as Sales Volumes Fall 53%

Industries Qatar posted a net loss of QR809.22 million for the first nine months of 2026, compared with a net profit of QR3.37 billion a year earlier.

Ooredoo Nine-Month Profit Falls 4.9% to QR2.93 Billion

Ooredoo's net profit for the first nine months of 2026 fell 4.9% to QR2.93 billion from QR3.08 billion a year earlier.

UAE Central Bank Holds Base Rate at 3.9% as Qatar, Bahrain and Kuwait Keep Rates Unchanged After Fed Pause

The Central Bank of the UAE kept its base rate at 3.9% on Wednesday after the US Federal Reserve held rates, while Qatar, Bahrain and Kuwait also left borrowing costs unchanged.

Qatar’s Mekdam Holding Nine-Month Profit Falls 34.5% to QR18.2 Million

Mekdam Holding Group's net profit for the first nine months of 2026 fell 34.47% to QR18.23 million from QR27.82 million a year earlier.

Qatar’s Snoonu Expands Into Muscat, Its Fifth Omani Governorate in Five Months

Qatari delivery app Snoonu has expanded to Muscat Governorate, its fifth in Oman within five months of launching there.

AlRayan Bank Nine-Month Profit Falls 26% to QR977.6 Million

AlRayan Bank's net profit for the first nine months of 2026 fell 26% to QR977.64 million from QR1.32 billion a year earlier.

Qatar’s Estithmar Holding Nine-Month Profit Rises 5.9% to QR744 Million as EBITDA Margin Widens to 28%

Estithmar Holding's net profit for the first nine months of 2026 rose 5.9% to QR744 million, even as revenue fell 7.6% to QR4.526 billion.

AMAK Nine-Month Profit Falls 26% to SR154.3 Million on Lower Zinc and Gold Sales Volumes

Al Masane Al Kobra Mining Company's nine-month net profit fell 26% to SR154.31 million as lower zinc and gold sales volumes offset higher metal prices.

Qassim Cement Nine-Month Profit Falls 17.5% to SR157.7 Million as Sales Volumes Drop

Qassim Cement's nine-month net profit fell 17.46% to SR157.72 million as revenue declined 11.2% on lower prices and sales volumes.

Kuwait Cement Nine-Month Profit Rises 38% to KD6.21 Million as Third-Quarter Earnings Drop 72%

Kuwait Cement's nine-month net profit rose 38% to KD6.21 million, while third-quarter profit fell 72% to KD406,020.

Qatar’s Al Mahhar Holding Nine-Month Profit Rises 21.7% to QR44.5 Million as Energy Work Grows

Al Mahhar Holding's net profit for the first nine months of 2026 rose 21.7% to QR44.5 million, even as revenue slipped 3.2%.

Abu Dhabi’s Phoenix Group Narrows Nine-Month Loss to $135.9 Million as Digital Asset Losses Shrink

Phoenix Group's net loss for the first nine months of 2026 narrowed to $135.9 million from $229.1 million a year earlier, even as revenue fell 35%.
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