Saudi Aramco has cut December crude prices for Asian buyers following an OPEC+ decision to modestly increase production next month, Reuters reports
Markets
Abu Dhabi
ADNOC L&S to be included in MSCI Emerging Markets Index from Nov 25
Inclusion will reinforce stock visibility, liquidity, and global investor access, and follows its $317mn secondary offering that increased free float to 22%
Deyaar Development
Deyaar profit up 24% as Dubai real estate boom drives record demand
CEO Saeed Al Qatami tells Arabian Business the company has seen “great interest” in Dubai’s affordable housing market as it posts a 24% rise in net profit and plans to hand over 2,000 new units by early 2026
Abu Dhabi
Rising patient footfall leads to record-breaking Q3 for Burjeel Holdings
Q3 revenue at a record-high $387.2mn and $87.13mn EBITDA; 9M revenue at $1.12bn; 5.1mn patients use the group’s facilities
Abu Dhabi
Alpha Dhabi Holding 9M group revenue soars 24% to $14.95 billion
Riding the success of group companies like Aldar, PureHealth and NMDC, adjusted EBITDA up 25% to $3.49bn and net profit is at $2.83bn
debt market
Saudi Arabia tops GCC bond issuances in Q3 with $20.3 billion raised
Kingdom leads Gulf debt markets in the third quarter, reflecting strong investor demand and economic diversification efforts
digital payments
PayPal-backed Pine Labs targets $439 million in Mumbai IPO
Digital payments firm Pine Labs aims to raise funds through a public offering, marking one of India’s largest fintech listings this year as investor appetite for digital finance remains strong
TECOM
TECOM Group profit jumps 18% to $300m as $1.2bn Dubai expansion drives growth
TECOM Group profit jumps 18% to AED 1.1bn ($299m) in 9M 2025, driven by record occupancy, higher rentals, and AED 4.3bn ($1.17bn) expansion across Dubai’s business districts.
DFM
Dubai Financial Market cap soars to $271bn; top sectors revealed
Dubai Financial Market’s capitalisation surged to $271bn in Q3 2025 as profits tripled and financials, real estate and utilities led growth
muscat stock exchange
Oman stock exchange: IPO boom and OIA reforms lift market value above $79bn
Oman stock exchange hits new heights as OIA-led IPO boom and reforms lift Muscat’s market value above $79bn, driving record growth
EY MENA IPO Eye report
MENA IPO: Saudi Arabia leads boom as listings rise 120% in Q3 2025
IPO deals up 120 per cent in Q3 2025, with 11 listings raising $700m. Saudi Arabia led with $637m in proceeds as capital markets diversify
Abu Dhabi
UAE’s e& goes from strength to strength as 9M revenues touch $14.57bn
9M 2025 revenue up 25.3% and Q3 revenue at $5.06bn; Consolidated net profit at $3.21bn, up 39.7% YoY; Group subscriber base reaches 202.2mn
Abu Dhabi
ADNOC Drilling upgrades guidance after record results for 9M 2025
Record 9M 2025 numbers as revenue jumps 27% to $3.63bn and net profit is up 17% to $1.06bn; free cash flow up 174% to $1.2bn
Amanat Holdings
Almasar Alshamil Education set to float 30% stake on Saudi Tadawul
Company serves 28,000 students from 39 daycare centres, 14 special education and care schools and three universities with seven campuses
Dubai
Emirates NBD income hits $10bn mark on record loan growth
Income improves 12% YoY as lending increased 19% to a record $26.96bn and offsets the impact of interest rate cuts
Dubai
Emirates Islamic delivers record 9M profit before tax of $870mn
Both customer financing and customer deposits grew 20% to $23bn and $25.16bn, respectively; Total income up 9% to $1.23bn
DFM
Dubizzle postpones IPO plans
Dubizzle Group announces it will postpone eagerly anticipated IPO plans amid plans to assess ‘optimal timing’
