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Saudi Re Nine-Month Net Profit Rises 63% to SR194.2 Million as Reinsurance Revenue Jumps 73%

Third-quarter profit rose 6% to SR32.6 million, while gross written reinsurance premiums for the nine months climbed 50% to SR3.93 billion.
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Bahrain Clear Appoints Seven Pillars Consultancy to Review Its Clearing and Depository Operations

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Bahrain’s Mumtalakat and ARP Group Plan AI-Native Wholesale Bank After Central Bank In-Principle Approval

The proposed Bahrain-headquartered bank will serve financial institutions, payment companies and cross-border businesses, and needs final authorization before it can start regulated activities.
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stc Bahrain Signs $140 Million Financing Facility With BNP Paribas to Fund Network Expansion

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Saudi Re Nine-Month Net Profit Rises 63% to SR194.2 Million as Reinsurance Revenue Jumps 73%

Third-quarter profit rose 6% to SR32.6 million, while gross written reinsurance premiums for the nine months climbed 50% to SR3.93 billion.

More News

Saudi Re Nine-Month Net Profit Rises 63% to SR194.2 Million as Reinsurance Revenue Jumps 73%

Third-quarter profit rose 6% to SR32.6 million, while gross written reinsurance premiums for the nine months climbed 50% to SR3.93 billion.

Bahrain Clear Appoints Seven Pillars Consultancy to Review Its Clearing and Depository Operations

The independent advisor will assess Bahrain Clear's operations, regulatory frameworks, governance and technology and produce a prioritized roadmap for its post-trade services.

Bahrain’s Mumtalakat and ARP Group Plan AI-Native Wholesale Bank After Central Bank In-Principle Approval

The proposed Bahrain-headquartered bank will serve financial institutions, payment companies and cross-border businesses, and needs final authorization before it can start regulated activities.

Explore more

Saudi Re Nine-Month Net Profit Rises 63% to SR194.2 Million as Reinsurance Revenue Jumps 73%

Third-quarter profit rose 6% to SR32.6 million, while gross written reinsurance premiums for the nine months climbed 50% to SR3.93 billion.

Bahrain Clear Appoints Seven Pillars Consultancy to Review Its Clearing and Depository Operations

The independent advisor will assess Bahrain Clear's operations, regulatory frameworks, governance and technology and produce a prioritized roadmap for its post-trade services.

Bahrain’s Mumtalakat and ARP Group Plan AI-Native Wholesale Bank After Central Bank In-Principle Approval

The proposed Bahrain-headquartered bank will serve financial institutions, payment companies and cross-border businesses, and needs final authorization before it can start regulated activities.

stc Bahrain Signs $140 Million Financing Facility With BNP Paribas to Fund Network Expansion

The telecom operator said the facility, signed at the Gateway Gulf Investment Forum, will support its expansion plans and digital infrastructure.

Bahrain’s SICO Says Investors Awarded It About $1.6 Billion in New Business in 2026

The Bahrain-based asset manager and investment bank said the total includes about $1.4 billion of new inflows into its funds and portfolios.

State Street Discusses UAE Expansion With Sheikh Maktoum as It Prepares Al Ain Operations Center

State Street Corporation discussed plans to expand its UAE operations with Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Dubai's First Deputy Ruler and UAE Minister of Finance.

Binance Says It Has Covered 90% of $6.3 Billion in Stolen Assets, Aims to Resume Withdrawals on Sunday

Binance said it has restored backing for about 90% of the roughly $6.3 billion in token assets stolen from its hot wallets and remains on track to resume withdrawals on November 1.

Dubai Crown Prince Gives Dubai-it Award to Payments Platform Ziina, Citing More Than $1.5 Billion in Payment Volume

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum awarded the Dubai-it Award for companies in business to Ziina, saying its payment volume has passed $1.5 billion.

UAE Treasury Sukuk and Bond Auctions Draw AED4.54 Billion in Bids for AED1.1 Billion October Issue

The UAE's October auctions of dirham-denominated Treasury sukuk and Treasury bonds raised AED1.1 billion and drew AED4.54 billion in bids, about 4.1 times the issue size, the Ministry of Finance said.

Orient Insurance Nine-Month Net Profit Rises 10% to AED727 Million as Insurance Revenue Grows 17%

Orient Insurance's net profit after tax rose 10% to AED727 million in the first nine months of 2026, while insurance revenue climbed 17% to AED8.05 billion.

Abu Dhabi Regulator FSRA Says It Is Monitoring Binance After $6.3 Billion Security Breach

Abu Dhabi Global Market's Financial Services Regulatory Authority said it is engaging closely with Binance after the exchange put the impact of unauthorized withdrawals at about $6.3 billion.

UAE Central Bank Fines a Foreign Bank Branch AED200 Million Over Repeated Anti-Money Laundering Failures

The Central Bank of the UAE has fined a UAE branch of a foreign bank AED200 million after examinations found significant and repeated failures in its anti-money laundering, governance and sanctions controls.
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