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Qatar’s Commercial Bank Nine-Month Profit Falls 15.9% to QAR1.64 Billion as Provisions Rise

Commercial Bank said net profit before Pillar Two tax fell 15.9% to QAR1.64 billion in the first nine months of 2026 as higher provisions and costs offset growth in net interest income.

Dubai Islamic Bank Nine-Month Revenue Rises 7% to AED18.6 Billion as Financing Assets Grow 10%

Dubai Islamic Bank said gross revenue rose 7% to AED18.6 billion in the first nine months of 2026 as net financing assets grew nearly 10% since the end of 2025.

Sharjah Issues and Renews 19,327 Business Licenses in Third Quarter, Up 5%

The Sharjah Economic Development Department issued and renewed 19,327 business licenses in the third quarter of 2026, up 5%, led by commercial licenses.

ADNOC to Unveil New Local Manufacturing Opportunities at October 25 Forum as Offtake Deals Reach AED80 Billion

ADNOC will announce new opportunities to manufacture industrial products in the UAE at the second Make it with ADNOC Forum on October 25, the company said.

UAE Has Seen No Cancellations of Planned Foreign Investment This Year Despite Iran War, Ministry Official Says

No planned foreign direct investment in the UAE has been canceled this year despite the US-Iran war, a senior Ministry of Investment official said on Tuesday.

Saudi Stocks Close at Lowest Since April 2021 as Houthi Attack Claims Weigh on Gulf Markets

Saudi Arabia's benchmark index fell 1.7% to 9,952 points on Tuesday, its lowest close since April 2021, as most Gulf stock markets ended lower.

Mastercard Partners With Saudi Payments Firm Enjaz to Launch New Card Products in the Kingdom

Mastercard has agreed a collaboration with Enjaz Company, a Saudi Central Bank-licensed payments and remittance provider, to introduce a range of card products for Enjaz's individual and business customers in Saudi Arabia.

IHC’s ADCAN Pharma Teams Up With MS Pharma to Make Biosimilars and Other Medicines in the UAE

Abu Dhabi-based drugmaker ADCAN Pharma and regional biopharmaceutical company MS Pharma have agreed to collaborate on manufacturing biosimilars and other medicines in the UAE.

Abu Dhabi’s M42 Plans Mubadala Health Bahrain Facility at Bahrain Bay Under Deal With State Fund

Abu Dhabi-based health group M42 plans to develop Mubadala Health Bahrain, a multidisciplinary healthcare facility at Bahrain Bay, after signing an agreement with the Future Generation Reserve, a Bahraini government fund.

Qatar’s GWC Third-Quarter Profit Jumps 37% to QAR32.3 Million as International Revenue Doubles

Gulf Warehousing Company (GWC Group), the Qatar-listed logistics provider, said third-quarter net profit rose 37% from a year earlier to QAR32.3 million.

Nakilat Nine-Month Profit Slips 1.6% to QAR1.29 Billion as Regional Conflict Weighs on Marine Services

Qatar Gas Transport Company (Nakilat) reported net profit of QAR1.29 billion ($354 million) for the first nine months of 2026, down 1.58% from QAR1.31 billion a year earlier.

First Saudi Aramco Diesel Cargo Arrives in Syria as Tanker Unloads 63,784 Tons at Baniyas

The Syrian Petroleum Company has started unloading the tanker Starling, carrying about 63,784 metric tons of diesel, at the Baniyas oil terminal in the first shipment from Saudi Aramco under an agreement between the two sides.
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