Financial

HomeFinancial

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.
0

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

0

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.
‎ ‎ - 0

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

0

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

BENEFIT Names NBB as First Bank in Bahrain’s Trade Finance Registry Project

The Trade Finance Registry project has reached a major milestone with the National Bank of Bahrain (NBB) joining as its first banking partner. Bahrain’s...

UAE Approves Dh292.5 billion Federal Budget for 2027–2029 to Support Education, Healthcare and Social Development

The UAE Budget for 2027 to 2029 totals Dh292.5 billion, as the government outlines its spending priorities for the coming years. Sheikh Mohammed bin...

KFH-Bahrain and Alba Sign MoU to Strengthen Supply Chain Finance and Support SMEs

Kuwait Finance House and Bahrain (KFH-Bahrain) have signed a memorandum of understanding with Aluminium Bahrain B.S.C. (Alba). The agreement aims to strengthen Supply Chain...

UAE Wealth Surges to $3.6 Trillion as Total Wealth Set to Reach $6 Trillion by 2030

UAE Wealth increased by 12.7% in 2025, reaching $3.6 trillion compared with $3.2 trillion in 2024. The country's total wealth could reach $6 trillion...

Dubai Gold Prices Remain Steady as 24K Gold Trades Above Dh500 Per Gram Amid Navratri Celebrations

Dubai Gold Prices remained stable on Monday morning, with 24K gold trading above Dh500 per gram. The precious metal maintained its position as the...

Saudi Business Confidence Holds at 56.6 in September as Industrial Optimism Strengthens Despite Regional Uncertainty

Saudi Business Confidence remained stable in September, highlighting continued optimism across the Kingdom's economy. The Business Confidence Index (BCI) reached 56.6, compared with 56.7...

Iraqi Dinar Devaluation How will the Currency Change Affect Prices, Households, and Businesses?

Iraqi dinar devaluation has renewed concerns about prices, imports, and household finances across Iraq. The currency lost around 15 percent of its value following...

Kuwait Mortgage Law Expands Home Financing Access Through Commercial Banks for Citizens

Kuwait mortgage reforms could significantly expand access to home financing for citizens. The cabinet has approved a new law allowing commercial banks to issue...

Dubai Gold Prices Recover as 24K Rate Rises to Dh498 per Gram Amid Market Pressure

Dubai gold prices recovered on Thursday morning, but 24K gold remained below Dh500 per gram. The price reached Dh498 at the market opening, gaining...

Iraq Sets Dinar Exchange Rate at 1,520 as Authorities Seek to Narrow Market Gap

Iraq has adjusted its official exchange rate as authorities seek to narrow the gap with market prices. The new policy sets different rates for...

Saudi Non-Oil Economy Gains Strength as Banks Seek New Funding for Growth

Saudi Arabia’s non-oil economy continues to build resilience despite rising fiscal pressures and growing funding needs. The government recorded a SR160 billion deficit during...

ADIB Approves Dh1.75 billion Rights Issue to Strengthen Capital and Support Future Expansion

ADIB rights issue gains shareholder approval as Abu Dhabi Islamic Bank moves ahead with its fundraising plans. Shareholders approved the proposal during a meeting...
1...111213...106Page 12 of 106

Khaleej Business Insight

Khaleej Business Insight delivers curated global business news, exclusive insights, and expert analysis. As a trusted source, we provide depth and clarity in business, finance, the economy, and innovation. Stay informed in a fast-moving world.

Follow us

About us

Copyright Khaleej Business Sight 2025.