Offering attracted strong demand from a diverse base of international investors, with peak orders exceeding $10.1bn
Equities
Latest in Equities
Initial public offering
GCC IPO fundraising drops to $5.1bn in 2025 as Saudi listings dominate
GCC IPO proceeds fell 61% in 2025 to $5.1bn, with Saudi Arabia accounting for 79% of funds raised, according to Markaz
Islamic Finance
GCC remains hub for sukuk as global market tops $1trn – report
Gulf markets continue to anchor Islamic finance as sukuk issuance hits record levels
bond market
Order book reaches $31bn for Saudi Arabia’s first bond issue of 2026
Saudi Arabia’s National Debt Management Centre says the $11.5bn issuance – oversubscribed 2.7 times – is in four tranches, ranging from three- to 30-year terms
Chocolate
MO Group to double exports to $12m and expand into biscuits and chocolate ahead of 2026 IPO
MO Group plans to double exports to $12m, enter biscuits and chocolate production, boost capacity and move ahead with a 2026 IPO
IHC
IHC boosts Invictus Investment stake with $114.3m share acquisition
IHC has increased its stake in Invictus Investment Company to around 40 per cent through a $114.3m big block trade
Amanat Holdings
Amanat’s Almasar Alshamil debuts on Tadawul after successful IPO
Listing follows heavy investor demand and marks the latest milestone in Amanat’s ongoing asset monetisation strategy
NVIDIA
Nvidia continues to dazzle Wall Street as profit jumps 65% to $31.9bn for Q3
Revenue in its recent quarter rose to $57bn as CEO Huang brushes off the fears of an AI bubble, citing new applications the technology is getting into
Dubai
Dubai Investments 9M pre-tax profit jumps 59% to AED1.1bn
Dubai Investments has reported a 59% year-on-year rise in profit before tax to AED 1.1 billion for the nine months to September 2025, driven by growth in real estate, manufacturing and investments
Dubai
Salik 9M profits surge 39% YoY
Dubai’s toll operator posted AED 2.28 billion in revenue and AED 1.14 billion in net profit for the first nine months of 2025, driven by higher traffic volumes, new gates and smart mobility partnerships
DEWA
Dubai’s DEWA posts record 9-month revenue of AED25bn, operating profit up 22%
DEWA CEO Saeed Mohammed Al Tayer says full-year 2025 earnings are expected to surpass last year’s performance
Abu Dhabi Global Market
UAE investors can now earn from their shares under new eToro feature
Trading platform eToro has launched a new stock lending feature in the UAE that lets users earn extra income by lending out shares they already own – a service previously limited to large financial institutions
Air Arabia
Air Arabia posts record AED656m Q3 profit
Low-cost carrier reports 16% profit growth and double-digit revenue increase as strong travel demand continues across its network
insurance
Orient Insurance puts up a strong set of numbers for the third quarter
Revenue grows 25.45% YoY to reach $1.88bn, while net profit after tax increases 22.76% to $179.2mn
Dubai
Dubai’s DTC maintains growth momentum as net profit for Q3 up 28%
Increased fleet size, sustained demand across its segments and 13.1 million trips boost revenue by 15% to $159.4mn
Abu Dhabi
ADNIC’s total insurance revenue for first nine months touch $1.66bn
It recently announced a long-term partnership with Allianz Trade in the Middle East, expanding access to Trade Credit Insurance solutions
Dubai
Spinneys posts double-digit growth in key numbers for 9M 2025
Revenues up 12.8% to $710mn; Profit before tax grew by 24.4% to $63.9mn, while profit for the period increased 16.4% to $57.7mn
