Negotium·26 Oct 2026
Dubai Investments to sell 20% of DIB Holding in 2026's first UAE IPO
Three stories
Al Rajhi profit climbs 13% to 20.87 billion riyals in nine months
- Al Rajhi Bank posted a nine-month net profit of 20.87 billion riyals, up 13% year-on-year.
- Financing and total assets grew only 2%, far slower than the earnings line.
What's nextWatch for the audited nine-month statements and the detailed financing breakdown, the fourth-quarter and full-year 2026 results, and comparable third-quarter disclosures from other Saudi lenders to show whether flat loan growth is sector-wide.
Original source: Al Rajhi Bank statement via Argaam; Al-Eqtsad ↗
QatarEnergy to buy up to 4 million tons of US LNG through 2054
- QatarEnergy signed two long-term deals with Cheniere for up to 4 million tons annually.
- Supplies run from Louisiana's Sabine Pass and Texas's Corpus Christi, starting 2031 through 2054.
What's nextWatch for disclosure of pricing terms or the volume split between Sabine Pass and Corpus Christi, and for any Cheniere announcement tying the agreements to specific liquefaction trains or expansion phases ahead of the 2031 start.
Original source: Qatar News Agency (QNA), The Peninsula ↗
What changed in the ledger
- $2.6 bnHUMAIN · Announced investmentSaudi Aramco
- 3,000 MWHUMAIN · Announced capacitySaudi Aramco
- 48.7%Saudi Arabia · Labour force participation (nationals)General Authority for Statistics (GASTAT)
- 6.5%Saudi Arabia · Unemployment rate (nationals)General Authority for Statistics (GASTAT)
- -3.8%Saudi Arabia · Real GDP growth (quarterly, year on year)estimateGeneral Authority for Statistics (GASTAT)
- -2.1%United Arab Emirates · Real GDP growth (quarterly, year on year)estimateEmirates News Agency (WAM)