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ADNOC Distribution earned a record quarter selling almost no extra fuel
Reading Time 2 minutes

ADNOC Distribution’s Q2 profit nearly doubled to AED 1.32 billion, driven largely by higher fuel prices and inventory gains despite almost flat fuel sales.

Clock18/08/2026
Arab National Bank prices $750mln PNC5.5 AT1 sukuk

Saudi Arabia’s Arab National Bank has raised $750 million through an AT1 sukuk priced at a 6.50% yield, with orders exceeding $3 billion.

Egypt and Oman mull special economic zones integration to boost trade

Egypt and Oman are exploring greater integration between their economic and free zones to boost trade, expand market access, and support cross-border manufacturing and re-exports.

The Sudden Unraveling of Wall Street’s Momentum Trade

Wall Street’s hottest momentum trade has reversed sharply, as former winners tumble and heavily shorted stocks surge.

Qatar Central Bank issues Government Ijarah Sukuk worth over $1.37bln
Reading Time < 1 minute

QCB issued QAR 5 billion in Government Ijarah Sukuk, attracting QAR 5.5 billion in bids.

Clock26/08/2026
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