Showing 9 of 855
  • UAE Flag
    FIRST LOOK NOTES
    25 May 2026
    ADNOC Logistics & Services
    BUY
    AED 5.80
    AED 6.70
    +15.52%

    UAE Equity Research - ADNOC Logistics & Services PLC 1Q26 - First Look Note

    Revenue declined 8.4% YOY to USD 1.1 Bn in 1Q26, primarily due to the scheduled run-off of offshore project revenues following the completion of the Al Omairah Island mega project.
  • UAE Flag
    FIRST LOOK NOTES
    25 May 2026
    ADNOC Gas
    BUY
    AED 3.35
    AED 4.30
    +28.36%

    UAE Equity Research - ADNOC Gas PLC 1Q26 - First Look Note

    ADNOC Gas reported a resilient 1Q26 performance despite geopolitical disruptions and export constraints caused by the temporary closure of the Strait of Hormuz. Total sales volumes declined 14.6% YOY to 770 TBTU in 1Q26, mainly due to lower LNG, LPG and Naphtha export volumes.
  • UAE Flag
    FIRST LOOK NOTES
    21 May 2026
    ADNOC Distribution
    BUY
    AED 3.86
    AED 4.70
    +21.76%

    UAE Equity Research - ADNOC Distribution (ADNOCDIST) 1Q26 - First Look Note

    ADNOCDIST’s total fuel volumes increased 2.4% YOY to 3.8 Bn liters in 1Q26, supported by strong retail momentum across the UAE and KSA markets. Continued expanding retail network during 1Q26, adding two new service stations in the UAE and Egypt, also contracting an additional 20 stations in KSA under the capex-light DOCO model.
  • UAE Flag
    FIRST LOOK NOTES
    20 May 2026
    Abu Dhabi Ports
    BUY
    AED 4.42
    AED 7.35
    +66.29%

    UAE Equity Research - Abu Dhabi Ports Co (ADPORTS) 1Q26 - First Look Note

    ADPORTS delivered strong organic revenue growth in 1Q26, driven by robust performance across the Maritime & Shipping and EC&FZ clusters. ADPORTS completed the sale of warehouse assets in KEZAD Abu Dhabi to MAIR Group for AED 295 Mn during 1Q26.
  • UAE Flag
    FIRST LOOK NOTES
    19 May 2026
    ADNOC Drilling
    BUY
    AED 5.91
    AED 7.00
    +18.44%

    UAE Equity Research - ADNOC Drilling (ADNOCDRI) 1Q26 - First Look Note

    Revenue increased 5.0% YOY to USD 1,228 Mn in 1Q26, supported by growth in the OFS segment and stable offshore activity despite the impact from onshore rig repurposing. ADNOC Drilling’s pro-forma rig fleet expanded to 170 rigs by the end of 1Q26, including 140 rigs in Abu Dhabi and 30 regional rigs across Oman, Kuwait, and Bahrain through the SLDC and MBPS transactions.
  • Saudi Flag
    FIRST LOOK NOTES
    30 Apr 2026
    Alinma Bank
    BUY
    SAR 24.68
    SAR 29.50
    +19.53%

    Saudi Equity Research - Alinma Bank 1Q26 - First Look Note

    Net advances rose 13.8% YOY and 3.7% QOQ to SAR 238.3 Bn, while customer deposits increased 9.5% YOY and 5.4% QOQ to SAR 239.6 Bn in 1Q26. Impairment decreased 31.2% YOY to SAR 156 Mn in 1Q26, driven by better asset quality and recoveries from written-off accounts.
  • Saudi Flag
    FIRST LOOK NOTES
    29 Apr 2026
    Etihad Etisalat Co (Mobily)
    ACCUMULATE
    SAR 66.40
    SAR 75.00
    +12.95%

    Saudi Equity Research - Etihad Etisalat (Mobily) 1Q26 - First Look Note

    Wholesale segment revenue increased 17.7% YOY to SAR 604 Mn in 1Q26, driven by higher demand for connectivity and cloud-based services. Mobily’s mobile subscriber base increased by 16.2% YOY to 15.1 Mn, comprising 13.0 Mn prepaid and 2.1 Mn postpaid subscribers, while the FTTH subscriber base grew 7.1% YOY to 311K in 1Q26.
  • Saudi Flag
    FIRST LOOK NOTES
    29 Apr 2026
    The Saudi Investment Bank
    BUY
    SAR 13.36
    SAR 17.80
    +33.23%

    Saudi Equity Research - Saudi Investment Bank (SAIB) 1Q26 - First Look Note

    SAIB reported a 3.2% YOY increase in net profit to SAR 520 Mn in 1Q26, normalizing from the elevated base in 4Q25, which included a one-off land sale gain.
  • Saudi Flag
    FIRST LOOK NOTES
    27 Apr 2026
    Bank Albilad
    BUY
    SAR 25.00
    SAR 30.00
    +20.00%

    Saudi Equity Research - Bank Albilad (ALBI) 1Q26 - First Look Note

    Net advances increased 15.5% YOY and 6.2% QOQ to SAR 129.8 Bn in 1Q26. While customer deposits grew 13.1% YOY and 5.6% QOQ to SAR 140.3 Bn in 1Q26. ALBI’s headline loan-to-deposit ratio increased from 92.0% in 4Q25 to 92.5% in 1Q26.

Filter by

Advance Search

Search Company

List of companies
Search result