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Abu Dhabi defense group EDGE and Germany's SFC Energy will develop tactical fuel cells and hybrid power systems for defense, security and critical infrastructure in the UAE.

Events group Informa cut its 2026 underlying revenue growth outlook to about 3% from about 6%, assuming no further contribution from Saudi Arabia this year, after moving two major Riyadh shows.

Al Hamra plans to complete development of its 77 million square foot land bank in Ras Al Khaimah by 2030 or 2031 and is in talks to acquire more land, its group chief executive said.

The Dubai Financial Market index rose 0.77% to 5,795.98 points by midday on Tuesday, led by insurer Aman, while Abu Dhabi's index gained 0.42% with Abu Dhabi Islamic Bank up 5.7%.

Rail fastening maker Pandrol will set up a manufacturing platform in Riyadh with Riyadh-based Links Investments, aiming to start production in the first half of 2027.

Boom, a Dubai-based delivery app founded by Emiratis Mariam Khalifa Alnuaimi and Mariam Mohammed Almarri, matches small businesses with nearby freelance couriers. It won Dubai's App of the Year 2025 and a $150,000 Create Apps Championship prize.

Doha Investment is raising Qatar's Active Asset Management Initiative to QR5 billion from QR2.6 billion, with the extra QR2.4 billion funded through new cash.

Dubai's ENOC Group has renewed its aviation technical services agreement with PT Pertamina Patra Niaga for three years, continuing inspections of aviation fuel facilities in Indonesia.

Widam Food Company said its net loss for the first nine months of 2026 narrowed 38.71% to QR71.84 million from QR117.23 million a year earlier.

Bahrain-based Islamic lender Ithmaar Bank has appointed Nada Kazerooni, a banker with more than 25 years of treasury and capital markets experience, to lead its financial institutions and treasury function.

Investcorp's Saudi Pre-IPO Growth Fund has taken a significant minority stake in REDA Gulf Holding as part of a consortium led by AlTouq Group and Thara Future Investments.

QLM Life and Medical Insurance Company said its nine-month net profit fell 12.07% to QR41.36 million, even as insurance revenue rose to QR1.27 billion.