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Infrastructure 
Real estate boom helps boost Sobha, Arada’s earnings + SIB posts double-digit earnings jump
Arada and Sobha’s earnings more than doubled on the back of consistent demand for property
Top 10 banks post 4.3% q-o-q rise in net income in 3Q 2025, rebounding from a flat 2Q
Growth was boosted by stronger net interest and fee incomes
SIB tightens pricing on its USD 500 mn sukuk
The offering drew USD 1.3 bn in orders excluding lead manager interest
THIS MORNING: Alpha Dhabi to sell stake in Aldar? + We’re paying less at the pump in November
Plus: Opec+ to bump production in December before pausing hikes in 1Q 2026
Sharjah Islamic Bank net income up 22.7% in 3Q
The lender’s total operating income rose 16.8% during the quarter
UAE banks’ earnings flat in 2Q as impairments surge
Impairments jumped 81% q-o-q to AED 2.9 bn, wiping out gains from a 5.5% rise in net loans and advances
SIB, NBQ see double-digit net income growth in 1H 2025
On a six-month basis, NBQ posted net income of AED 313.7 mn, up 10% compared to 1H 2024
UAE’s 10 largest banks see combined net income rise 8.4% q-o-q to AED 22.2 bn in 1Q
Growth was supported by a 59.3% q-o-q reduction in impairment charges and an 18% quarterly rise in net fee and…
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