New agreement aims to enhance trading activity, improve liquidity and strengthen investor confidence in Lulu Retail’s shares listed on the Abu Dhabi Securities Exchange
Markets
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
Abu Dhabi
ADNOC L&S delivers record 9M earnings
Nine-month revenue up 39% year-on-year to US$3.7 billion, while net profit reached US$631 million, up 9% YoY
fintech
Saudi fintech Lean Technologies eyes acquisitions ahead of potential IPO
Backed by over $100 million in funding, the Riyadh-based open banking startup plans to expand into new financial services as it prepares for a possible market listing
Abu Dhabi
Private label and e-commerce sales growth push Lulu Retail revenue to $6bn
Revenue for 9M 2025 increased 4.7%; EBITDA up 5.5% to $598mn; , up 5.5%; Net profit from continuing operations up 7.5% to $163mn
eyewear
Lenskart makes subdued market debut after $828m IPO
India’s largest eyewear retailer saw its shares fall below issue price on debut, despite strong investor demand during its $828m initial public offering
Dana Gas
Dana Gas revenue slips on lower production in Egypt and softer Brent prices
Revenue for 9M 2025 at $255 mn, down from $286mn in 9M 2024; KM250 projected completed and will increase revenue by 35% at full capacity
district cooling business
Empower rides Dubai’s real estate boom to record Q3 revenue
Revenue jumps 5.5% to $704.1mn and EBITDA to $318.3mn as the district cooling company signs 52 new contracts in Q3 for 56,000RT
Dubai
Variable pricing and more space helps Parkin Q3 revenue surge 43%
There was a 5.1% drop in average public parking utilisation rate to 21.3% as users purchased record 81,000 season passes
