PROFIT AFTER TAX UP 87%

IHC revenue hits historic AED100.5bn, backed by global expansion

Thu, 05 Nov 2026

IHC, a global investment company focused on building dynamic value networks, has reported a revenue of AED100.5 billion for the nine-month period ending September 30, 2026, representing an increase of 33.2% year-on-year.

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REVENUES TOP $10bn

Emaar’s 9-month net profit before tax up 18% to $5.4bn

Thu, 05 Nov 2026

Emaar Properties reported a revenue of AED37.5 billion ($10.2 billion), up 13% year-on-year, EBITDA of AED19.7 billion ($5.4 billion), up 19%, and net profit before tax of AED19.8 billion ($5.4 billion), up 18%, for the nine months ended September 30, 2026.

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COUNTRY'S LARGEST WASTEWATER PLANT

CSCEC breaks ground on $3.3bn Kuwait wastewater treatment plant

Thu, 05 Nov 2026

China State Construction Engineering Corporation Middle East has announced that it has broken ground on the North Kabd Wastewater Treatment Plant Project being implemented at a total cost of KD998 million ($3.3 billion) in Kuwait city. On completion, it will be the country’s largest wastewater treatment plant.

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110 ANNOUNCEMENTS

Bahrain's Gateway Gulf 2026 unveils $22.3bn deals

Thu, 05 Nov 2026

Bahrain's Gateway Gulf 2026 unveiled $22.3 billion in strategic announcements, partnerships, and deals during its fourth edition this week.

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ANALYSIS

GCC capital markets enter new phase as funding sources diversify: Fitch

Wed, 30 Sep 2026

GCC capital markets have witnessed significant development in recent years, driven by governments’ efforts to diversify funding sources and deepen capital markets, said top rating agency Fitch, adding the combined market capitalisation of listed equity markets across the Gulf region stands at around $4 trillion.

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Top This Week

Democrats gain control of Senate, House in US midterm poll sweep

Wed, 04 Nov 2026

Democrats seized control of both the US Senate and House on Tuesday, scoring sweeping victories in Republican strongholds for the first time in generations as tens of millions of voters, mostly in conservative bastions who had propelled President Donald Trump to his second term in office just two years ago swung dramatically ​toward his rivals,

DIP Holding sets final IPO price, eyes $529m from Dubai listing

Wed, 04 Nov 2026

DIP Holding, a subsidiary of Dubai Investments, has announced that it has set the final offer price for its IPO on Dubai Financial Market at AED1.12 per share, raising approximately AED1.9 billion ($529 million) following the successful completion of the bookbuilding and subscription process.

Trump keeps Iran strike option open as Qatar pushes for deal ahead of possible escalation

Wed, 04 Nov 2026

US President says Washington is ready to resume military operations but sees no immediate need for action; Netanyahu reportedly presses for fresh strikes as Tehran insists its conditions must be met before Hormuz reopens

Bahrain Airport Company renews partnership deal with Thales

Wed, 04 Nov 2026

Bahrain Airport Company (BAC), the operator and managing body of Bahrain International Airport (BIA), has renewed its long-term partnership with Thales, a global leader in high technologies for defence, aerospace, cyber and digital, for a further five years, securing specialist maintenance and support for the airport’s security systems.

Gulf Cryo set to start production at Abu Dhabi carbon capture facility

Tue, 03 Nov 2026

Gulf Cryo, a leading supplier of industrial and specialty gases, has announced that its carbon capture facility in Abu Dhabi will begin production within weeks, adding to its existing operational facility in the northern emirate of Ras Al Khaimah. The UAE is currently the company's largest market.

Edamah, Kanoo to develop 11,000-sq-m waterfront leisure destination in Bahrain

Tue, 03 Nov 2026

Edamah, the real estate arm of Bahrain’s sovereign wealth fund Mumtalakat, has joined hands with Kanoo Real Estate, a division of the Yusuf bin Ahmed Kanoo Group, to develop a premium waterfront leisure and commercial destination - Pier 1890 - on Manama Corniche, adjacent to the Shaikh Hamad Causeway.

IHCL, Kingdom Projects announce $100m investment in Bahrain with Taj debut

Tue, 03 Nov 2026

The Indian Hotels Company Limited (IHCL) and Kingdom Projects have announced a $100 million investment in Bahrain to introduce three developments: the Taj hotel brand’s debut in the Kingdom, Bombay Brasserie and Hamleys, expanding the country’s hospitality, dining and retail offering.

Bahrain's Beyon boosts green data centre expansion with new solar park phase

Tue, 03 Nov 2026

Bahrain-based technology group Beyon is expanding its renewable energy capacity, with a third data centre set to be powered entirely by clean energy following the completion of the 14,000-sq-m fifth phase of its solar park programme being implemented in partnership with Almoayyed Solar.

Saudi Arabia’s landmark Jeddah Tower approaches 500m mark

Tue, 03 Nov 2026

Jeddah Tower, Saudi Arabia’s landmark mixed-use tower, has achieved a major construction milestone reaching level 120 (approximately 482m) as it advances towards becoming the tallest building in the world. Work is in full swing with over 322,000 cu m of concrete poured and more than 3,900 facade panels installed.

DP World expands free eyecare to 12,000 drivers in India

Thu, 05 Nov 2026

DP World’s Shipping Solutions AMEA business, is expanding its partnership with VisionSpring Foundation to provide f...

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