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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.

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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.

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.

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Dubai Home Prices and Rents Decline as Rising Supply Brings More Balance to Property Market

Dubai home prices declined during the second quarter as residential supply continued to increase across the city. Meanwhile, rental rates also moved lower during...

Dubai Gold Prices Jump Dh21.75 in One Day, Cross Dh500 Mark for the First Time in Weeks

Dubai gold prices climbed sharply on Thursday, drawing strong attention from buyers and investors. Dubai gold prices crossed the Dh500 level for the first...

Aramex Reports Strong Profit Recovery After Record AED1.8 Billion Quarterly Revenue

Aramex profit returned during the second quarter as the Dubai-based logistics company delivered its strongest quarterly revenue on record. Aramex profit highlighted the company's...

Dubai Gold Prices Rise as 24K Gold Moves Closer to the Dh500 Per Gram Milestone

Dubai gold prices continued to move higher on Wednesday, attracting fresh attention from buyers and investors. Dubai gold prices remained on an upward path...

Flynas Narrows Losses as Revenue Growth Helps Offset Lower Passenger Numbers

Flynas losses continued to improve as Saudi Arabia’s low-cost airline reduced its financial deficit despite fewer passengers during the first half of 2026. Flynas...

Abu Dhabi Home Values Rise 17.8% as Apartment Prices and Off-Plan Sales Continue Strong Growth

Abu Dhabi homes continued their strong upward trend during the second quarter of 2026 as the emirate's property market recorded another period of steady...

Oman Hotel Revenue Falls as European Visitor Numbers Drop in First Half of 2026

Oman tourism faced a challenging first half of 2026 as hotel revenue and visitor numbers declined across the country. Oman tourism remained under pressure...

Saudi Energy Revenue Rises 11% as Customer Growth and Network Expansion Boost Earnings

Saudi Energy reported strong financial results during the first half of 2026 as higher customer numbers and continued infrastructure expansion supported business growth. Saudi...

Dubai Gold Prices Remain Under Dh500 for Second Week Amid Higher Interest Rate Expectations

Dubai gold prices remained below the Dh500 mark for a second consecutive week. Investors continued to monitor market movements as global economic factors weighed...

Kuwait and Qatar Face Sharper Economic Slowdown as Hormuz Disruptions Weigh on Growth

The Gulf economy continues facing challenges as regional tensions affect trade and energy markets. Gulf economy conditions show that Kuwait and Qatar may experience...

Qatar Introduces Pillar Two Registration Service Through Dhareeba Under New Global Tax Rules

Pillar Two registration has officially opened in Qatar through the Dhareeba platform as authorities continue strengthening the country's tax framework. The new service supports...

NBK Adds New Features and Partner Benefits to Al Manzel Home Financing Program

NBK Al Manzel continues expanding its home financing services in Kuwait by introducing new customer benefits and strengthening its network of strategic partners. The...
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