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Emirates Islamic Nine-Month Profit Holds at AED2.7 Billion as Financing Grows 14.4%

The Islamic arm of Emirates NBD lifted total income 6% to AED4.7 billion while impairment charges reached AED141 million.

EGA Restarts Half of Al Taweelah Smelter’s 1,262 Cells, Still Targets Full Output in First Quarter of 2027

Emirates Global Aluminium has brought 631 of 1,262 reduction cells back online at Al Taweelah, nearly seven months after an Iranian attack forced an emergency shutdown.

NMC Healthcare Commits AED150 Million to Expand Abu Dhabi Hospitals and Clinics

The private UAE hospital group said the program adds clinics, an urgent care center and a five-year redevelopment of Royal Hospital Khalifa City.

Dubai Aerospace Delivers Last of 10 Boeing 737-9 Jets to United Airlines, Taking Leased Fleet to 26

Dubai-based lessor DAE completed a 10-aircraft sale-and-leaseback with United Airlines in three months, its second such mandate with the US carrier.

UAE Startups and Innovators: CapQuest, an Equity Management Platform for Startups

CapQuest, a Dubai-based equity management software company, has closed a $1 million pre-seed round led by Oraseya Capital and AMKM Family Office.

Abu Dhabi Signs AstraZeneca Clinical Trials Pact That Could Bring AED180 Million in Research Investment

Abu Dhabi's health regulator agreed with AstraZeneca and Cleveland Clinic Abu Dhabi to study up to 30 clinical trials by 2030, and signed research deals with Isomorphic Labs and WHOOP.

Doha Bank Mandates 12 Banks for Possible Five-Year Dollar Bond, Initial Guidance Around 170 Basis Points

Qatar's Doha Bank hired 12 banks to arrange investor meetings ahead of a possible five-year dollar bond under its Euro Medium Term Note program.

Aldrees Third-Quarter Profit Rises 22% to SR137.6 Million as Station Network and Truck Fleet Grow

Saudi fuel retailer and transport firm Aldrees posted a 22.3% rise in third-quarter net profit to SR137.6 million, helped by more service stations and trucks.

Parkin Renews JLT Parking Deal With DMCC for 10 Years, Covering About 2,800 Spaces

Parkin Company PJSC has renewed its agreement with Dubai Multi Commodities Centre to run about 2,800 paid parking spaces in Jumeirah Lakes Towers for another 10 years.

Bahrain and France Sign Civil Nuclear Pact to Build Skills for Bahrain’s Planned Program

Bahrain and France signed a memorandum of understanding on the peaceful uses of nuclear energy, aimed at building the expertise Bahrain needs for a civilian nuclear program.

Saudi National Bank Third-Quarter Profit Slips 0.3% to SR6.45 Billion as Costs and Provisions Rise

Saudi National Bank's net profit edged down 0.3% to SR6.45 billion in the third quarter of 2026 as higher operating expenses and credit-loss charges offset income growth.

Al Rajhi Bank Third-Quarter Profit Rises 11.7% to SR7.1 Billion as Financing Income Climbs

Al Rajhi Bank's net profit rose 11.7% to SR7.11 billion in the third quarter of 2026 as net financing and investment income grew 18.1%, offsetting a jump in credit-loss charges.
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