THE EDGE INSIGHTS
Latest Economic Insights
Economic developments that matter to regional and global markets, analysed daily.
Emaar Properties Plans AED 15 a Share Offer for Emaar Development
Emaar Properties intends to make a voluntary offer of AED 15 a share in cash for all the Emaar Development shares it does not already own. For Emaar Development's other shareholders, the price sets a…
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DIP Holding Prices Its Oversubscribed IPO at AED 1.12 a Share
DIP Holding, the company behind Dubai Investments Park, has priced its IPO at AED 1.12 a share, with trading on the Dubai…
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Bahrain's Beyon Lifts Q3 Profit 2% to BHD 17 Million
Beyon, the listed Bahraini technology group, raised third-quarter profit attributable to shareholders 2% to BHD 17.0 million, but its nine-month profit was…
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Petrojet Wins Cronos Gas Line Deal and $11 Million Fabrication Work
Petrojet will design, supply and build the 57 km onshore line from the Zohr field's facilities to the Damietta liquefaction plant, part…
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Shell to Sell North West Shelf Stake to ADNOC's XRG for $1.45 Billion
Shell has agreed to sell its 16.67% non-operated interest in Australia's North West Shelf project to subsidiaries of ADNOC's XRG for $1.45…
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PIF Raises $3 Billion in SACE-Backed Credit Facilities
Saudi Arabia's Public Investment Fund has raised $3 billion equivalent in dual-tranche credit facilities guaranteed by SACE, Italy's export credit agency, from…
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ADNOC Gas to Supply TotalEnergies With Up to 1.6 Million Tonnes of LNG
ADNOC Gas has agreed to supply TotalEnergies with up to 1.6 million tonnes of liquefied natural gas over five years, extending its…
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Jordan's Arab Bank Nine-Month Profit Rises 10% to $902 Million
Jordan's Arab Bank Group lifted nine-month net profit 10% to $902 million, helped by smaller credit-loss charges and higher fee income while…
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Kuwait's Humansoft Nine-Month Profit Falls 6.6% on Lower Revenue
Kuwait's Humansoft Holding reported nine-month 2026 net profit of KWD 23.8 million, 6.6% lower than a year earlier, and revenue from its…
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Aramco's Q3 Attributable Net Income Rises 41.3% to SAR 137.39 Billion
Saudi Aramco's third-quarter net income attributable to shareholders rose 41.3% to SAR 137.39 billion, lifted by higher revenue and a gain on…
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Raya Holding Confirms Plan for a Digital Bank in Egypt
Raya Holding for Financial Investments confirmed on 2 November that its management plans to establish a digital bank in Egypt through Aman…
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Banque du Caire Debuts on EGX After Its EGP 36.37bn Offering
Banque du Caire shares began trading on the Egyptian Exchange after an EGP 36.37 billion offering, the exchange's largest ever, whose public…
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ADNOC Commits to Ruwais Diyab Unconventional Gas at 345 mmscfd
ADNOC took a final investment decision on Ruwais Diyab, which the company calls its first large-scale unconventional gas development, to deliver 345…
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KPC's KUFPEC Set to Own 25% of 2 Sarawak Gas Fields
Kuwait's KUFPEC has signed farm-out agreements with TotalEnergies, PTTEP and PETRONAS Carigali to develop 2 gas fields off Sarawak, Malaysia, and will…
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Amman Stock Exchange: Nine-Month Profit Rises 4.8% to JOD 1.78 Billion
Amman Stock Exchange companies that filed results lifted nine-month profit attributable to shareholders 4.8% to JOD 1.78 billion, the second-highest total for…
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Orascom Construction Targets December Close of OCI Combination
Orascom Construction expects to complete its combination with OCI N.V. in December 2026, issuing 97.2 million new shares to OCI now that…
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Aramco Closes Deal for 49% of PIF's HUMAIN With Assets and Cash
Aramco has closed its acquisition of a 49% stake in HUMAIN, the Saudi artificial intelligence company, and the Public Investment Fund (PIF)…
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All Ten Listed Saudi Banks Grow Nine-Month Profit, Combined Up 6.8%
All ten listed Saudi banks grew nine-month net profit this year, lifting their combined earnings 6.8% to 73.58 billion riyals, according to…
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Acwa and EIG Target $4bn of Equity for US Venture Plenum Power
Saudi Arabia's Acwa has formed Plenum Power with Washington-based investor EIG, a US power venture the partners aim to launch with an…
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QatarEnergy Secures 3 Million Tonnes a Year of Woodside US LNG
QatarEnergy has signed a 20-year agreement to buy 3 million tonnes a year of liquefied natural gas from Woodside Energy's Louisiana LNG…
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First Abu Dhabi Bank Nine-Month Profit Rises to AED 16.46 Billion
First Abu Dhabi Bank (FAB) made a nine-month profit of AED 16.46 billion, with growth stronger in the third quarter alone, in…
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UAE Results: Borouge Third-Quarter Profit Falls 63% to $109 Million
Among third-quarter results filed on the Abu Dhabi and Dubai exchanges on 28 and 29 October, Borouge's quarterly profit fell 63% to…
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Saudi Results: Riyadh Cables Profit Up 11.9% Over Nine Months
Of the morning's nine-month filers on the Saudi Exchange on 29 October, Riyadh Cables posted the largest profit, up 11.9% to SAR…
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Kuwait Corporates: Gulf Cables Receives KWD 2.9 Million Order
Gulf Cables led the orders and nine-month results listed on Boursa Kuwait on the morning of 29 October, with a KWD 2.9…
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Egypt Results: Abu Qir Nine-Month Profit Rises 103% to EGP 12.97bn
In nine-month results filed on the Egyptian Exchange on 28 and 29 October, Abu Qir Fertilizers more than doubled its net profit…
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Oman Corporates: Al Batinah and Al Suwadi Power Refinance Debt to 2042
Boards of 10 Muscat-listed companies approved nine-month accounts in filings on 29 October, and Al Batinah Power and Al Suwadi Power completed…
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Kuwait Cement's Nine-Month Profit Rises 38.4%, Its Quarter Slips
Kuwait Cement led the day's Boursa Kuwait disclosures with nine-month profit up 38.4% on an operations recovery that its own third quarter…
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Industries Qatar Posts QAR 809.2 Million Loss, Ooredoo Profit Dips
Industries Qatar, the petrochemicals, fertiliser and steel group, swung to a nine-month net loss of QAR 809.2 million from a QAR 3.37…
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Kuwait's ABK Nine-Month Profit Rises 16.2% to KWD 54.2 Million
Al Ahli Bank of Kuwait (ABK) lifted nine-month attributable profit 16.2% and Bank of Bahrain and Kuwait (BBK) raised attributable net profit…
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Saudi Corporates: stc Nine-Month Profit Falls 5.7%, AMAK 26.4%
Saudi Telecom Company (stc) earned SAR 10.92 billion in the nine months to September, down 5.7% on a year earlier, in results…
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Qatar Results: Estithmar Nine-Month Profit Rises 2.1%
Estithmar Holding's nine-month profit rose 2.1% to QAR 743.0 million in results filed on 28 October; Al Mahhar Holding and Alkhaleej Takaful…
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Qatar Corporates: Al-Rayan Bank Nine-Month Profit Falls 26.0%
Al-Rayan Bank's nine-month profit fell 26.0% and Baladna's third-quarter profit 57.1%, leading two days of Qatari interim filings that also included Qatar…
Read more →Kuwait Corporates: Burgan Bank Earns KWD 22.2 Million, Down 31.5%
Companies listed on Boursa Kuwait filed nine-month results and disclosures on 28 October: Burgan Bank's profit attributable to shareholders fell 31.5% to…
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Saudi Results: Bahri Nine-Month Profit Jumps 587% to SAR 9.98bn
Bahri's nine-month profit rose 587% to SAR 9.98 billion on busier operations and higher global freight rates, the shipper said, in Saudi…
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UAE's Americana Nine-Month Profit Rises 60.4 Percent
Americana Restaurants International lifted net profit 60.4 percent to 217.2 million dollars in the first nine months of 2026, on revenue 12.9…
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Almarai Enters Red Meat With an Estimated 500 Million Riyal Investment
Almarai is entering the red meat category with a new brand, HABOOR, and an investment it puts at an estimated half a…
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UAE’s Etisalat Nine-Month Profit Rises 45.9 Percent on Vodafone Sale
Etisalat Group's net profit attributable to shareholders, after federal royalty and corporate tax, rose 45.9 percent to 17.24 billion dirhams in the…
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- Europe Market Wrap 19 October: All Nine Indices Fall as France’s Fiscal Worries Spread
- Europe Market Wrap 9 October: All Nine Indices Rise as Basic Resources Jump 2.99 Percent
- US Market Wrap 12 October: The Dow Alone Rises 0.38 Percent as the Nasdaq 100 Falls 0.71 Percent
- Europe Market Wrap 16 October: All Nine Indices Rise to Cap the Stoxx 600’s Best Week Since June
- Asia Market Wrap 7 October: All Eight Indices Fall as Seoul Drops 1.98 Percent