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Emirates NBD and BlackRock Launch Two Retail Income Funds as Partnership Reaches $350 Million in Assets

Emirates NBD Asset Management and BlackRock have launched two income-focused funds for retail and wealth clients, a year after starting a partnership that has attracted $350 million in assets under management.

UAE Hiring Rebounds 4% in Third Quarter, Fastest in the Gulf, Cooper Fitch Says

Hiring in the UAE rose 4% in the third quarter of 2026, the strongest increase in the Gulf, after a 4% drop in the previous quarter, according to recruitment firm Cooper Fitch.

Kuwait Investment Authority and Wren House to Buy Zorlu’s Stake in EV Charging Firm Electrip for $147.6 Million

Turkey's Zorlu Enerji has agreed to sell its entire stake in electric vehicle charging operator Electrip Global to the Kuwait Investment Authority and its affiliate Wren House Infrastructure for $147.6 million.

Emaar’s U by Emaar Signs 10-Year Visa Deal for Premium Co-Branded Card in UAE, Saudi Arabia and Bahrain

Emaar's U by Emaar loyalty program has signed a 10-year partnership with Visa to launch a co-branded credit card for premium and wealthy customers in the UAE, Saudi Arabia and Bahrain.

Saudi Poultry Producer Tanmiah Signs Grain Storage and Sourcing Deals With Salic’s Sabil and National Grain Company

Tanmiah Food Company has signed two agreements with the National Grain Supply Company, known as Sabil, and its subsidiary the National Grain Company to secure storage and sourcing of feed grains for its poultry operations.

Dubai’s Ellington Properties Unveils AED2.8 Billion Berkeley Tower in Business Bay, Its Largest Commercial Project

Dubai developer Ellington Properties has unveiled Berkeley Tower, an AED2.8 billion office development in Business Bay that it calls its largest and tallest commercial project to date.

UAE Startups and Innovators: Nabta Health, an AI-Powered Preventive Women’s Health Company

Nabta Health, a UAE-based women's health company, has secured backing from Phoenix Venture Partners, which led the second close of its ongoing $3 million pre-Series A round.

Gulf Marine Services Nine-Month Revenue Rises 10% Despite $10.1 Million Hit From Gulf War

Gulf Marine Services, the Abu Dhabi-founded offshore support vessel operator, said adjusted revenue rose 10% to $151.8 million in the first nine months of 2026, even as the war in the Gulf cost it an estimated $10.1 million in lost revenue.

HSBC CEO Says Gulf Will Recover From Iran War, Sees Hormuz Becoming ‘Redundant’ Within Five Years

HSBC Group Chief Executive Georges Elhedery said the Gulf would recover from the impact of the Iran war through investment in alternative trade routes, and that the Strait of Hormuz could become redundant in about five years.

UAE, Bahrain and Saudi Arabia to Supply France With Just Over 10% of Its Diesel Needs

French President Emmanuel Macron secured an additional 200,000 tonnes of diesel a month from the UAE and Bahrain during his Gulf tour, the French presidency said on Tuesday.

Yamama Cement Third-Quarter Profit More Than Doubles to SR74.7 Million on Higher Prices

Yamama Cement Co.'s net profit rose 108% to SR74.7 million in the third quarter of 2026, helped by higher sales and average selling prices.

Zamil Steel Wins SR308.2 Million Contract for Qiddiya’s National Tennis Center

Zamil Structural Steel, a subsidiary of Advanced Building Industries Co. (SENAAT), signed a SR308.2 million contract to supply and install steel structures and external facades for the National Tennis Center in Qiddiya City.

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