Negotium·22 Oct 2026
FT: Dubai firm AIX halted payouts for 11 months, investors say
Three stories
Netflix fires 1,000 staff as viewer engagement growth stalls
- Netflix dismissed about 1,000 employees, roughly 6% of staff, including its content and film chiefs.
- Viewing time grew just 2% in the first half of 2026 despite roughly $20bn in annual programming spend.
What's nextWatch 2027 revenue growth against the 11.8% current rate, Rice's first slate decisions, the theatrical release of Greta Gerwig's Narnia next year, and audience response to new seasons of The Diplomat and Wednesday.
Original source: Financial Times ↗
Emirates NBD Profit Up 4% as RBL Deal Swells Balance Sheet
- Emirates NBD reported AED 24.3 billion pre-tax profit for nine months, up 4% year-on-year.
- Total assets reached AED 1.38 trillion after the acquisition of India's RBL Bank.
What's nextWatch the completion of the HSBC Egypt retail acquisition, the full-year 2026 results and any further movement in CET1 and cost-to-income, plus whether DenizBank provisioning continues at the current pace.
Original source: Emirates NBD, Dubai Financial Market, Khaleej Times ↗
What changed in the ledger
- 3,000 MWHUMAIN · Announced capacitySaudi Aramco
- $2.6 bnHUMAIN · Announced investmentSaudi Aramco
- -3.8%Saudi Arabia · Real GDP growth (quarterly, year on year)estimateGeneral Authority for Statistics (GASTAT)
- 6.5%Saudi Arabia · Unemployment rate (nationals)General Authority for Statistics (GASTAT)
- 48.7%Saudi Arabia · Labour force participation (nationals)General Authority for Statistics (GASTAT)
- -2.1%United Arab Emirates · Real GDP growth (quarterly, year on year)estimateEmirates News Agency (WAM)