MENA Equity Research - Telecom Sector 2Q26 - Preview Note

The MENA telecom sector continues to demonstrate resilient operating fundamentals despite elevated geopolitical uncertainty across the region, supported by sustained demand for mobile connectivity, rising data consumption, and accelerating enterprise digitalisation.

Saudi Equity Research - Banking Sector 2Q26 - Preview Note

The Saudi banking sector entered 2Q26 from a position of strength, supported by resilient economic activity, healthy credit demand, improving liquidity conditions, and stable asset quality. Sector profitability remained robust in 1Q26 despite a lower interest-rate environment, as banks benefited fro...

Abu Dhabi Islamic Bank: The stock recovered from the support level of AED 20.40 and is facing the key resistance level of AED 22.30, a confirmed breakout above it could trigger further upside momentum, with the next resistance levels seen at AED 23.85, and then toward the previous high at AED 28.00 over the short-to medium-term horizon.

Americana Restaurants: The stock is currently retesting the key resistance level at AED 2.20. A sustained breakout above this level could pave the way for further upside toward AED 2.36, followed by a potential retest of the previous high around AED 2.66. We would need to see a significant increase in volume to confirm buyer commitment and to signa...

2Point Zero Group: The stock has rebounded and is currently testing its 50-week moving average. A sustained break above AED 2.28 would likely confirm continuation of the broader uptrend, paving the way for further upside toward AED 2.40 (100-day moving average), with additional targets at AED 2.67 and AED 2.95 over the short- to medium-term horizon...