GRB Dairy Foods appoints M.H. Enterprises as UAE distributor
The partnership aims to expand GRB’s market reach and strengthen distribution across retail, e-commerce, food service and wholesale channels in the UAE
Business
Saudi food group Savola’s recurring profit rises 26%
Savola Group reported a 26% increase in recurring net profit, reaching SR500 million ($133.3 million) in the first nine months of 2026, driven by higher food processing volumes and cost management. Despite this growth in recurring profits, net profit attributable to shareholders fell 22.2% to SR530 million, influenced by prior non-recurring gains. Additionally, the company declared an interim cash dividend of SR210 million for the first half of 2026.
Business
Oil could fall to $80-$85 after war, while Kevin Warsh believes in pixies, UBS economist says | The National
Paul Donovan says a Democratic Senate could tilt the Federal Reserve towards a more hawkish stance, while questioning the new Fed chairman’s faith in productivity gains
Business
Emaar Properties reports 5.6% increase in Q3 profit on revenue boost | The National
Revenue backlog and sales from new project launches supported earnings