UAE Equity Research - Real Estate Sector 4Q25 - Preview Note

The UAE economy sustained solid momentum through 3Q25, supported by resilient non-oil activity and a recovery in oil production. Real GDP grew 4.5% YOY in 2Q25, underpinned by a strong 6.1% YOY expansion in non-oil sectors, particularly manufacturing, financial services, construction, and real estat...

Americana Restaurants: The stock is currently range-bound, trading between support at AED1.58 and resistance at AED1.78. A confirmed break above the AED1.78 resistance is anticipated to initiate a bullish trend, with immediate targets at AED1.91 and a subsequent target at the prior peak of AED2.20. Traders may look to BUY with stops placed below th...

UAE Equity Research - Consumer Sector 4Q25 - Preview Note

We highlight Emirates Driving Company (EDC), Americana Restaurants and Talabat Holdings PLC as our top pick within the UAE Consumer sector. EDC continues to execute on its diversification strategy, expanding into higher-margin mobility verticals and enhancing exposure across the regional transport v...

UAE Equity Research - Transportation Sector 4Q25 - Preview Note

The UAE tourism sector continues to be a key pillar of economic diversification, with its contribution to GDP rising sharply to 15%, reaching AED 291 Bn in 2025, up from 6% in 2021, reflecting exceptional growth over the past four years.

MENA Equity Research - Telecom Sector 4Q25 - Preview Note

The telecom sector across the UAE, Saudi Arabia, and Egypt is entering a structurally stronger phase, supported by sustained subscriber growth, rising data consumption, and a strategic shift toward enterprise digital services and infrastructure-led monetisation.

UAE Equity Research - Banking Sector 4Q25 - Preview Note

The UAE economy continues to demonstrate strong momentum, with GDP expanding 4.5% YOY in 2Q25, driven by a robust 6.1% YOY growth in non-hydrocarbon activity, led by manufacturing, financial services, construction, and real estate.