Brent crude oil drops below $95 per barrel
The price for a barrel of Brent crude, the international standard, plunged 9.2% Thursday to $94.11 after Trump suffered a massive defeat during the midterms.
Business
AI fears overtake Democratic sweep as Nasdaq enters correction territory | The National
Stocks linked to data centres tumble as investors anticipate more regulation and Congressional oversight
Business
Abu Dhabi's IHC more than doubles net profit in first nine months of 2026 | The National
Real estate and construction activity continues to support its revenue
Business
Saudi utility giant Acwa’s Q3 net profit jumps 71% to $169m
Saudi utility giant Acwa reported a 71.1% year-on-year increase in Q3 net profit, reaching SR635.1 million ($169.4 million), driven by higher contributions from equity-accounted investees and strong gross profit. Revenue rose 32.7% to SR2.2 billion, with operating profit up 88.2%. For the first nine months of 2026, net profit edged up 0.6% to SR1.29 billion.