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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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NBK Introduces Kuwait’s First Fully Digital Loan Service for Housing, Consumer, and Auto Financing

NBK digital loans have introduced a new chapter in Kuwait’s banking sector with the launch of the country's first fully digital loan service. The...

Adnoc Drilling Reports Higher Revenue and Confirms $263 Million Dividend for Shareholders

Adnoc dividend remains in focus after Adnoc Drilling announced a $263 million payout for the second quarter of 2026. The company also reported stronger...

TAQA Issues $750 Million Blue Bond to Expand Sustainable Water Projects

TAQA blue bond continues to strengthen sustainable financing efforts after Abu Dhabi National Energy Company raised $750 million for water projects. The new funding...

Bahri Reports Strong Second-Quarter Earnings After Oil Shipping Revenue and Freight Rates Surge

Bahri Profit surged during the second quarter of 2026 as Saudi Arabia's national shipping company benefited from stronger oil transportation demand. The company also...

Emaar Partners With ADCB to Offer Flexible Home Financing for Dubai Property Buyers

Emaar Financing is giving Dubai homebuyers greater flexibility through a new partnership between Emaar Development and Abu Dhabi Commercial Bank. The initiative introduces easier...

Dubai Gold Prices Steady as Markets Monitor US-Iran Developments

Dubai Gold Prices remained steady on Wednesday despite renewed tensions between the United States and Iran. Investors continued monitoring regional developments while also watching...

Maersk Introduces New Surcharge for Ships Passing Through Strait of Hormuz

Maersk surcharge measures have taken effect as the global shipping company introduces new fees for vessels passing through the Strait of Hormuz. The move...

Mobily Explores Telecom Tower Sale in Early Discussions with Tawal

Mobily tower sale discussions have entered an early stage as the Saudi telecommunications company explores a potential transaction with Tawal. The possible deal could...

Dubai Gold Prices Drop Dh4 Per Gram as Markets Watch US-Iran Developments

Dubai gold prices declined on Tuesday as lower demand for safe-haven assets weighed on the market. Investors also monitored inflation trends and upcoming US...

Binghatti Posts Strong First-Half Earnings After Revenue Rises 50% in Dubai

Binghatti profit continued to strengthen during the first half of 2026 as the Dubai developer reported higher earnings, stronger revenue, and solid demand across...

Dubai Taxi Exceeds Dh1 Billion in H1 Revenue as Airport and Tourism Trips Decline

Dubai Taxi Revenue remained resilient during the first half of 2026 despite weaker tourism demand and fewer airport-related trips. The company generated more than...

NBB Enhances Trade Finance and Treasury Services for Bahrain Companies

NBB trade finance continues supporting Bahraini businesses as the National Bank of Bahrain expands cross-border financing, treasury services, and international partnerships. The bank says...
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