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3Q earnings roundup: ADCB, DIB, Rakbank, Bank of Sharjah and du
Rakbank and ADCB’s lending income barely moved in 3Q, Bank of Sharjah bucked the trend, and du’s capex ramps up…
Solid quarter for UAE banks
Both lenders’ overlays — made after the conflict — eased in 2Q 2026
Mashreq and Rakbank are the latest names to tap debt markets flooded with demand
Issuers are rushing to make use of an open window, after months of war-era paralysis left a long queue at…
THIS MORNING: ENBD eyes HSBC’s Turkey operations + Adnoc consults on a possible pricing reshuffle
Good morning, friends. It’s been a quarter of catching our breath, and the markets are finally showing it. UAE equities…
THIS MORNING: FAB sees USD 1.4 bn in orders for latest Tier 2 issuance + port closures and pricing pressures are delaying Dubai Creek Tower
Plus: Dubai placed first for the fifth year in a row for FDI projects
THIS MORNING: Supply chain resilience is in focus + non-oil foreign trade hit AED 415.4 bn last year
Plus: DIFC’s growth momentum held up in 1Q
Tourism slump knocks ADNH 1Q earnings + the picture is still solid at Rakbank
ADNH saw its net income dip 31% y-o-y
Borouge control locks in ahead of merger finish line, Talabat picks up rent, Rakbank and Network International finalize agreement
ALSO- Talabat is cutting one of F&B’s biggest costs by offering 100 no-rent cloud kitchens
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