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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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Trade W Launches Licensed UAE Operations to Expand Financial Services Across the Middle East

Trade W expands UAE presence after Tradewill Financial Services L.L.C SOC secured a Category 5 licence from the UAE Capital Market Authority (CMA). The...

Salik Expands Smart Parking Services Across Three Dubai Free Zones with More Than 21,000 Parking Spaces

Dubai is taking another step toward smarter transportation after Salik announced a new partnership with Dubai Integrated Economic Zones Authority. Salik Parking will support...

UAE Gold Prices Fall by Dh11.50 in a Week as Investors Monitor Inflation, Interest Rates, and Global Growth Concerns

Gold Prices remained under pressure across the UAE as buyers watched global economic developments closely. Gold Prices continued attracting attention because investors balanced inflation...

Dubai Islamic Bank Reports 10% Revenue Growth as Financing Income Strengthens First-Half Performance

DIB Revenue increased during the first half of 2026 as Dubai Islamic Bank reported stronger income from Islamic financing and commissions. DIB Revenue reflected...

UAE Gold Prices Edge Higher Even as Global Bullion Prices Slip on Inflation and Rate Concerns

UAE gold prices moved higher on Wednesday despite weaker international bullion markets. UAE gold prices remained a key focus as investors tracked oil prices,...

Gulf Airlines Lead Regional Aviation Recovery by Offering Reliable Connections, Competitive Services, and Efficient Transit Through Major UAE Airports

Travel demand between Asia and Europe continues improving as flight operations return to normal across the Gulf. Gulf Airlines are attracting more travelers because...

GCC Credit Growth to Be Led by UAE and Saudi Banks as Lending Activity Accelerates in 2026

UAE and Saudi banks are expected to lead lending activity across the Gulf during 2026, according to a new industry report. GCC Credit Growth...

UAE Gold Prices Stay Below Dh500 as Investors Monitor Inflation and Interest Rates

Gold prices in the UAE remained below the Dh500 mark on Monday as market sentiment stayed cautious. UAE Gold Prices continued attracting attention as...

stc pay and PIE Launch QR Payment Service Across Bahrain’s POS Network to Support Cashless Transactions

stc pay QR is expanding across Bahrain following a new partnership between stc pay Bahrain and Payment International Enterprise (PIE). The collaboration introduces QR...

Kuwait Introduces New E-Commerce Regulations to Support Digital Growth and Consumer Protection

Kuwait e-commerce regulations have entered a new phase as the government introduced updated rules to strengthen the country's digital marketplace. The new framework aims...

Taaleem Reports Record Revenue as Premium School Growth Boosts Earnings

Taaleem revenue reached a record level during the first nine months of the 2025/26 financial year. The UAE education provider delivered strong financial results...

Qatar Foreign Exchange Reserves Reach $71.74 Billion as Gold Holdings and Official Assets Increase

Qatar reserves continued to strengthen during June 2026 as the country's foreign exchange assets recorded steady annual growth. Qatar reserves also benefited from higher...
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