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Oman Signs 28 Investment Agreements Worth More Than OMR304 Million in Economic Zones

Oman's Public Authority for Special Economic Zones and Free Zones signed 28 agreements worth more than OMR304 million for projects across industrial cities and free zones, led by a steel plant in Sohar.

Zain KSA Third-Quarter Profit Falls 9.8% to SR138 Million on Higher Operating Costs

Zain KSA said third-quarter net profit attributable to shareholders fell 9.8% to SR138 million as operating expenses rose, while nine-month profit jumped 45% on non-recurring Universal Service Fund gains.

Amanat’s Cambridge Health Group Buys UK Care Operator Cornerstone for Up to £76 Million

Dubai-listed Amanat Holdings said its UK unit Cambridge Health Group completed the acquisition of Cornerstone Healthcare Holdings for an initial enterprise value of £71 million, lifting capacity to more than 1,000 beds.

stc Group Nine-Month Operating Profit Rises 4.1% to SR11.3 Billion, Declares SR0.55 Dividend

Saudi Telecom Company (stc group) said nine-month operating profit rose 4.1% to SR11.28 billion on 3.7% revenue growth, while third-quarter net profit fell about 12% from a year earlier.

ACWA Power Signs $478 Million Water Purchase Deal with DEWA for Hassyan Desalination Plant

ACWA Power signed a water purchase agreement with Dubai Electricity and Water Authority for the Hassyan independent reverse osmosis desalination project, valued at about $478 million, with financial impact expected from 2030.

Saudi Index Closes Above 10,000 Points as Abu Dhabi Falls 1.6% on Bank Losses

Saudi Arabia's main index rose 0.37% to close at 10,023.47 points on Wednesday, while Abu Dhabi's benchmark fell 1.6% as Abu Dhabi Islamic Bank and Abu Dhabi Commercial Bank led losses.

Nahdi Medical Third-Quarter Profit Rises 6.5% to SR171.8 Million as Online Sales Reach 30% of Retail

Saudi pharmacy and healthcare group Nahdi Medical said third-quarter net profit rose 6.5% to SR171.8 million on 9.4% revenue growth, while nine-month profit fell 4.9% on higher logistics costs and investment spending.

Americana Restaurants Nine-Month Profit Rises 60% to $217 Million, Plans Up to 130 Net New Outlets in 2026

Americana Restaurants International, which operates KFC, Hardee's and Krispy Kreme outlets across the Middle East, said nine-month net profit rose 60% to $217.2 million as revenue grew 13% and gross margins widened.

Petro Rabigh Swings to SR2.57 Billion Third-Quarter Profit on Higher Refining Margins

Rabigh Refining and Petrochemical Company (Petro Rabigh) reported a third-quarter net profit of SR2.57 billion, against a loss of SR1.24 billion a year earlier, as higher volumes, prices and refining margins lifted results.

Bahri Third-Quarter Profit Jumps Nearly Tenfold to SR5.09 Billion as Tanker Rates Surge

Saudi shipping group Bahri said third-quarter net profit rose to SR5.09 billion from SR513.4 million a year earlier, as higher global freight rates lifted revenue across its oil, chemicals, logistics and dry bulk units.

Baladna Nine-Month Profit Edges Up 1% to QR383.7 Million as Gross Profit Climbs 18%

Qatari dairy and beverage maker Baladna said net profit for the nine months to September 30 rose 1% to QR383.7 million, as revenue grew 4% and gross profit rose 18% on wider margins.

Qatar’s Dandy Says QR206 Million IPO Was Oversubscribed, With Trading Expected in November

Qatari dairy and beverage maker Dandy said demand in its QR206 million initial public offering exceeded the shares on offer, and it expects to start trading on the Qatar Stock Exchange's main market in November.
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