• UAE Flag
    First Look Notes
    19 May 2026
    ADNOC Drilling
    AED 5.91
    AED 7.00
    +18.44%
    BUY

    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. Download

  • UAE Flag
    Technical Analysis Report
    14 May 2026

    Weekly Market Outlook - Abu Dhabi Securities Exchange (ADX) 14-05-2026

    The stock has rebounded from the previous low support level and has successfully moved above both the 20 and 50-week moving averages, indicating improving bullish momentum. A sustained breakout above the current resistance at AED 1.27 would likely confirm the continuation of the uptrend, with next resistance levels at AED 1.35, Download

  • UAE Flag
    Technical Analysis Report
    07 May 2026

    Weekly Market Outlook - Abu Dhabi Securities Exchange (ADX) 07-05-2026

    Space42: The stock has rebounded from the key support level at AED 1.35 and successfully moved above both the 20 and 50-week moving averages, indicating improving bullish momentum. A sustained breakout above the current resistance at AED 1.70 would likely Download

  • Trending Reports

    FIRST LOOK NOTES
    08 Aug 2025
    Egypt Flag
    EGP 100.00
    EGP 115.00
    +15.00%
    FIRST LOOK NOTES
    09 Feb 2026
    UAE Flag
    AED 2.59
    AED 2.95
    +13.90%
    FIRST LOOK NOTES
    11 Aug 2025
    Saudi Flag
    SAR 57.35
    SAR 65.00
    +13.34%
  • Technical Analysis Report

    • 14 May 2026 - UAE
    • 07 May 2026 - UAE
  • ADX

      • 9,648.64
        87.27    (0.91%)
      • As of closing 19 May 26
      • 52 Week Range
        9,298.60 L 10,755.36 H
    • Turnover ( AED ) 1,146,502,000
      Volume 572,641,300
      Market Cap ( AED ) 2,661,595,972,126

    DFM

      • 5,661.90
        52.32    (0.93%)
      • As of closing 19 May 26
      • 52 Week Range
        5,184.47 L 6,785.48 H
    • Turnover ( AED ) 807,653,500
      Volume 247,995,800
      Market Cap ( AED ) 865,803,454,976

    Tadawul

      • 10,987.26
        31.16    (0.28%)
      • As of closing 19 May 26
      • 52 Week Range
        10,193.83 L 11,781.68 H
    • Turnover ( SAR ) 3,668,600,000
      Volume 199,293,000
      Market Cap ( SAR ) 9,882,994,840,732

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Recent Research

  • 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.
  • UAE Flag

    The stock has rebounded from the previous low support level and has successfully moved above both the 20 and 50-week moving averages, indicating improving bullish momentum. A sustained breakout above the current resistance at AED 1.27 would likely confirm the continuation of the uptrend, with next resistance levels at AED 1.35,

  • UAE Flag

    Space42: The stock has rebounded from the key support level at AED 1.35 and successfully moved above both the 20 and 50-week moving averages, indicating improving bullish momentum. A sustained breakout above the current resistance at AED 1.70 would likely

  • UAE Flag
    ANNUAL DIVIDENDS REPORT
    07 May 2026
    Annual Dividends 2025 - UAE Markets

    Annual Dividends 2025 for UAE Markets (Updated)

  • UAE Flag

    The index recovered from the previous low support level at 1865 and is trading near the 20,50 and 100-week moving averages at 1985 level. A decisive break above the current resistance level of 1985 is required to resume the uptrend, followed by 2020 and then 2055 resistance levels,

  • UAE Flag
    INITIAL COVERAGE (EQUITIES)
    05 May 2026
    NMDC Group
    BUY
    AED 19.52
    AED 34.00
    +74.18%

    UAE Equity Research - NMDC Group - Initiation Coverage

    We initiate coverage on NMDC Group PJSC (“NMDC” or “The Group”) with an equity valuation range of AED 34.00 per share. The Group is a leading EPC and marine infrastructure group with over 50 years of operating experience, offering integrated capabilities across dredging & marine, energy, infrastructure, engineering, and logistics & technical services.

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