Thursday, November 5, 2026

Operating profits

Saudi Arabian Cement profits below expectations

Saudi Arabian Cement profits in the first quarter of 2024 amounted to 54.2 million riyals, an increase of 10%. “I announced” Saudi Arabia Cement “reported earnings for the first quarter of the year, recording less than average analyst estimates. And I...

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DIP Holding Sets IPO Price at Dhs1.12 per Share, Valuing Firm at Dhs9.7bn

DIP Holding announced a final IPO price of Dhs1.12 per share, representing a Dhs9.7bn valuation. The offering, representing 20% of its capital, is expected to generate Dhs1.9bn in proceeds.

Oil prices dip to low $90s as Trump dismisses near‑term Iran strike

Crude prices slipped on Thursday, with Brent at $93.63 and U.S. WTI at $87.13. The move follows President Trump’s comment that the United States has no immediate plans to attack Iran.

Dubai police assist pet‑owner after collision on Sheikh Mohammed bin Zayed Road

A rear‑end collision on Sheikh Mohammed bin Zayed Road left a Pakistani expat’s dogs distressed. Dubai police intervened, arranged a pet ambulance and ensured the animals received care.

Trump hints at possible Iran strike as regional tensions rise, US forces mobilize

Four tankers caught fire after hitting mines near the Strait of Hormuz, while the US prepares additional air defenses in Israel. Trump signals readiness for a strike despite unresolved negotiations with Tehran.

Democrats Near House Majority, Eye Senate Gains in 2026 Midterms

Projections give Democrats control of the House and put them within striking distance of the Senate. Key wins in South Carolina and North Carolina highlight a widening Democratic wave.