‎ ‎

Kuwait’s broad money supply rose 0.2% in September from August to KD42.8 billion (about $141.2 billion), while financing for imports jumped 26.4%, central bank data showed.

Dubai Chambers has launched Chamber AI Hub, a marketplace of ready-to-use AI agents for Dubai businesses, starting with 22 agents across seven business functions and plans to expand to 100.

Qatar’s energy minister Saad Sherida Al Kaabi told the Gas Exporting Countries Forum in Moscow that producers must work together to protect energy infrastructure and shipping lanes, saying attacks had halted Qatar’s gas production.

Al Moammar Information Systems Co. said it won an SR86.13 million project from the Saudi Data and Artificial Intelligence Authority for the fourth phase of technical support for a data backup and recovery system.

Arabian Centres Co., known as Cenomi Centers, signed a three-year integrated facilities management contract for Westfield Jeddah worth an estimated SR104.3 million with a company in which Chairman Fawaz Alhokair has an indirect interest.

United Arab Bank said net profit for the first nine months of 2026 rose 6% to AED333 million, as operating income grew 12% and the settlement of bad loans cut its non-performing loan ratio to 0.5%.

Damaan Islamic Insurance Company, known as Beema, said net profit for the first nine months of 2026 rose 16.05% to QR91.53 million, as recognized takaful contributions increased 24.2% and investment income grew.

National Company for Learning and Education said net profit for the year to July 31, 2026, rose 5.8% to SR170.07 million as revenue grew 12.4% on higher enrollment, and its board recommended a cash dividend of SR2.5 a share.

Emirates Petroleum Company (Emarat) has signed a memorandum of understanding with Abu Dhabi technology group G42 to explore artificial intelligence, cybersecurity and digital technologies across its energy and mobility business.

Saudi Arabia's benchmark index jumped 3.43% on Monday, leading broad gains across Gulf stock markets, while Qatar's index rose 2.75% and Kuwait's all-share index climbed 1.96%.

Apollo will take a minority equity stake in Mubadala Capital, the alternative asset management arm of Abu Dhabi's Mubadala Investment Company, with Apollo and other new shareholders expected to commit $5 billion to its strategies at initial close.

Saudi Arabia's merchandise exports fell 11.5% from a year earlier to SR87.24 billion in August as oil exports dropped 12.5%, while domestic non-oil exports rose 8.5%, the General Authority for Statistics said.