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Nebras Energy Nine-Month Profit Edges Up 1% to QR1.03 Billion as Revenue Rises 5%

Nebras Energy, formerly Qatar Electricity and Water Company, posted nine-month net profit of QR1.03 billion, up 1% from a year earlier.

US Says It Has Helped Gulf Partners Export More Than 1.5 Billion Barrels of Crude Through Hormuz Since Summer

US Central Command said its forces have helped Gulf partners export more than 1.5 billion barrels of crude through the Strait of Hormuz since the summer, with more than 3,000 vessels transiting with US support.

Foreign Investment Into Gulf States Rose 18% to $98.5 Billion in 2025, UNCTAD Says, but Hormuz Crisis Has Weakened 2026 Activity

Foreign direct investment into the six GCC states rose 18% to $98.5 billion in 2025, the highest in at least a decade, UNCTAD said, while warning that the Hormuz crisis has sharply weakened investment in 2026.

Kuwait Approves KWD5.38 Million of Emergency Contracts for Damaged KOTC Tankers

Kuwait Petroleum Corporation's top procurement committee approved three emergency contracts worth about 5.38 million dinars for Kuwait Oil Tanker Company.

Saudi Arabia and Greece Pledge to Speed Up Power Link as Bilateral Trade Reaches About $1.7 Billion

Saudi Arabia and Greece agreed to accelerate work on an electricity interconnection that would link the kingdom's grid to Europe, a joint statement said on Sunday.

Abu Dhabi Crown Prince to Visit Ottawa as Canada Seeks to Build on UAE’s C$70 Billion Investment Pledge

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, will visit Ottawa on October 26 and 27 for talks with Prime Minister Mark Carney.

IMF Starts Two-Week Article IV Mission to Oman, With Talks Focused on Diversification and Jobs

An International Monetary Fund staff mission began its 2026 Article IV consultation with Oman on Sunday and will stay until November 8.

Emirates Expects Four More Airbus Jets Before Year-End After Taking 20 in 2026, Will Start Boeing Deliveries in Summer 2027

Emirates has received 20 Airbus aircraft so far this year and expects four more before the end of 2026, a senior executive said.

QAMCO Third-Quarter Profit Falls 70% to QR57 Million as Lower Qatalum Output Outweighs Higher Aluminum Prices

Qatar Aluminium Manufacturing Co.'s third-quarter net profit fell 70% from a year earlier to QR57 million, as lower production and sales outweighed higher aluminum prices.

Etihad Starts First Nonstop Flights Between Abu Dhabi and Calgary, Its Second Canadian Destination

Etihad Airways has started nonstop flights between Abu Dhabi and Calgary, the first direct service between a Gulf city and the western Canadian city.

ADNOC Lines Up Offshore Sour Gas, Export Pipeline and Enhanced Oil Recovery Tenders for 2027

ADNOC plans to tender an offshore sour gas development, an export gas pipeline and enhanced oil recovery projects in 2027, a senior executive told suppliers on Sunday.

Arabian Cement Third-Quarter Profit Falls 57% to SR28 Million as Operating Profit Drops 78%

Arabian Cement Company's third-quarter net profit fell 57% to SR28 million from SR65.5 million a year earlier, as operating profit dropped 78%.
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