ACWA Power Revenue Jumps to SAR4.03 Billion in First Half
Prime Highlights ACWA Power Revenue Jumps to SAR4.03 Billion in First Half Net profit fell 28% to SAR653.2 million due to lower other operating income and higher expenses. Key Facts …
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Ocorian Names Souvik Sen Commercial Director For Middle East Private Clients
Prime Highlights- Ocorian appoints Souvik Sen as Commercial Director to lead Private Client growth across the Middle East. Appointment strengthens Ocorian's private wealth offering amid rising demand from family offices…
AI Demand Lifts Siemens Energy to Record Quarter
Prime Highlights: Siemens Energy reported record third-quarter sales and profit, supported by strong demand for gas turbines. Growth was driven by AI data centre expansion in the US and large…
Aramco Declares $21.9 Billion Dividend Amid Regional Tensions
Prime Highlights Saudi Aramco posted adjusted net income of $67.2 billion for the first half of the year despite disruptions to shipping through the Strait of Hormuz. The company's board…
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EFG Hermes Ranks First Across Five MENA Brokerage Markets
Prime Highlights EFG Hermes ranks first across five MENA brokerage markets, leading Egypt, Kuwait, UAE exchanges in H1 2026. Brokerage holds 42.87 per cent combined UAE market share, moving up…
EMSTEEL reports strong profit growth as revenue rises in second quarter
Prime Highlights EMSTEEL reported a 157% rise in second-quarter net profit as revenue and operating margins improved. Strong demand, higher selling prices and cost optimisation supported growth across the steel and cement businesses. Key…
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L&T Shares Climb on Kuwait Oil Company Order That Boosts Order Book Strength
Prime Highlights L&T wins a major order worth up to ₹5,000 crore from Kuwait Oil Company for Jurassic Light Oil export facilities. L&T marks its fourth straight session of order…
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Fikra Ventures Partners With Glimmer to Expand Enterprise AI in Gulf
Prime Highlights : Fikra Ventures will commercialise Glimmer's AI platform across the Gulf. The partnership will first target banks, lenders, and FinTech companies. Key Facts : Fikra Ventures is an…
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Arbra Partners Expands Middle East Reach With New UAE Office
Prime Highlights : Arbra Partners plans a new UAE office, expanding its Middle East footprint. Founder launches Portugal's £110 million Palheta eco-tourism resort, opening 2028. Key Facts : Arbra Partners…
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Anjali Precious Metals Launches Digital Gold and Silver Investment Platform
Prime Highlights Anjali Precious Metals launched Anjali Digital Metals, a mobile platform for gold and silver investments. The platform allows users to buy, sell and track precious metals with live pricing and…
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