Evergrande shares rise
The Chinese firm has restarted work on 10 projects.Al-Ahli Bank of Kuwait net profit $69.6 mn
The bank suffered a net loss of KD 7.9 mn in first nine months of 2020.Aramco, TotalEnergies launch stations
The service stations are part of a joint venture signed in 2019.Volvo Cars sets IPO price
The price is at the bottom end of the range that Volvo announced last weekIndia’s SGL opens plant in HFZA
The plant involves an initial investment of AED 50mn.QLM’s net profit in Q3 $20.4 million
Gross written premium as of Sept. 30 was QAR 750 million.STC net profit $2.32 bn for 9 months
Net profit in Q3 alone increased by 5.71 percentVPS behind T20 bio-bubble
There will be over 2,200 people in the bio-bubble this time.Tamatem pushes Arabic games
This Jordanian firm is being praised for Arabic mobile games.Aramco sets 2050 net-zero target
The company acknowledged that this would have its challenges.Kuwait Oil Co to hike output
KOC plans to hike capacity to 3.2 million bpd by 2025.New leaks rock Facebook
Internal documents seem to support the accusations.Al Babtain to procure SAR 250m loan
The facility will be provided through Murabaha modeBanan to distribute cash dividends
The shareholders will get dividends for the period ending June 30.Samsung SDI, Stellantis deal
The two companies will set up EV battery joint ventureQatarEnergy partners for UK project
This is QatarEnergy and Shell’s first hydrogen agreement.TAQA lands Aramco water project
The project will be used to make power and desalinate water.Rio Tinto to ‘halve’ emissions
Mining releases 4-7% of global greenhouse gas emissions.Emirates Islamic net profit $218m
Higher non-funded income, reduction in the cost of risk push profits up.Netflix subscribers numbers jump
Streaming giant's profit grew 16 percent to $7.5 billionGoogle debuts new Pixel
Smartphone sales are dominated by Apple, SamsungZoomcar enters Egypt market
Zoomcar targets 5,000 cars in Egypt by March 2022.Fintech Galaxy raises $2m in seed funding
The funds will be used to develop and rollout Open Finance platform.Mobily signs recycling deal
Mobily will recycle old and discarded Ericsson devices.Marjan lands $272m RAK project
Dubai Investments and Marjan have tied up for the project.Toyota makes US battery push
Japanese firm Toyota is the world’s biggest carmaker.Sabic leads low-carbon plan
Sabic, WEF, and global companies will formalize the plan.Al Dahra opens five animal feed plants
The plants are located in Serbia, Romania and Bulgaria.SIB profit up 30 percent in nine months
The bank said it continued hedging policy despite corona recovery.SODIC lands $100m loan
This will finance SODIC’s West Cairo flagship project.AD Ports H1 revenue up 21%
Diversification, new leases, and partnerships fueled the rise.Samsung AI course for UAE youth
The students will learn data science, probability, statistics, linear algebra, pythonCBD and Infinios announce pact
Both will work to support the growing fintech market in UAE.Mubadala Capital buys Taco Bell franchisee
Mubadala Capital, the financial investment arm of Abu Dhabi’s sovereign investor Mubadala, has acquired one of the largest Taco Bell Corp. franchisees in the US.Saudi EXIM Bank joins Berne Union
This will help the bank address major issues in export credit.FAB joins Net-Zero Banking Alliance
FAB is the first bank in the UAE and GCC to join the NZBA.Fertiglobe IPO may raise $827m
The IPO starts Wednesday and will continue to October 18.Madayn lands Oman solar deal
Madayn has signed a deal to build a 100MW solar PV farm.Jarir posts $194m net profit in nine months
Q3 net profit surges 44 percent compared to Q2.ArcelorMittal arm buys Sharjah mill
ArcelorMittal Projects is a part of the ArcelorMittal Group.$2bn Arada project in new phase
Arada has launched the second residential phase of Masaar.Engicon lands Jordan partnership
Engicon has signed an MoU with the JPMC for a water treatment plant.OTO gets $3m from MEVP and Derayah
It is the 'largest seed' raised by a MENA SaaS firm.DEWA gets $10.9bn via IPWP model
DEWA used the IPWP model in a number of its key projects.Prescott announces Dubai project
The project is worth AED140 million (more than $38 million).Aramex vows to cut emissions
It has signed a deal with the Science Based Target initiative.Evorra secures pre-seed investment
Investors include Area Tech Holdings and FirstPartyCapital.ACWA Power listed on Saudi bourse
ACWA Power shares can be traded on Tadawul from Monday.Fedex arm plans Saudi growth
FedEx Express is a subsidiary of FedEx Corp.Samsung Q3 profit to soar 30%
The company expects its operating profits at 15.8 trillion



















































