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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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Floating Sales Gallery Launches in Abu Dhabi Waterfront Project

Floating sales gallery appears in Abu Dhabi as MERED introduces Riviera Residences on Al Reem Island. Additionally, the developer launches a waterfront presentation space...

SME Support Boost Strengthens Bahrain Private Sector with Major Financing Package

SME support boost begins with a major decision in Bahrain to strengthen private sector stability. Tamkeen’s Board of Directors approved a large financing and...

Qatar and Ukraine Strengthen Economic Ties Through Chamber-Level Talks on Trade and Investment Growth

Qatar and Ukraine trade relations expanded during new discussions held in Doha, where business leaders met to strengthen economic cooperation and explore fresh investment...

Hormuz Oil Tankers Carry Iraqi and Emirati Crude Through Strategic Waterway Despite Rising Regional Tensions

Hormuz oil tankers carrying Iraqi and Emirati crude exited the Strait of Hormuz despite rising regional tensions and ongoing shipping disruptions linked to the...

Emaar Profit Climbs 24 Percent as UAE Property Market Maintains Strong Investor Confidence

Emaar UAE sales surged past $5 billion during the first quarter of 2026. The results highlighted strong investor confidence in Dubai’s property market despite...

Riyadh Capital Launches $400M Real Estate Fund to Develop Transit-Oriented Project Near Al Takhassusi Metro Station

Riyadh Capital launches $400M real estate fund for Riyadh transit project to develop a mixed-use TOD near Al-Takhassusi Metro Station, boosting Saudi investment, urban...

UAE Gold Market Shifts Toward Bars and Coins as Investment Buying Rises in 2026

UAE gold demand declined sharply in the first quarter of 2026 as regional tensions disrupted consumer behaviour. Jewellery sales dropped to their lowest level...

Dubai Taxi Profit Drops 39 Percent in First Quarter 2026 as Regional Tensions Disrupt Travel Demand

Dubai Taxi profit dropped sharply during the first quarter of 2026 as regional tensions disrupted travel and transportation demand. However, the company continued expanding...

Bahrain Bourse Strengthens Internal Coordination During Second 2026 Town Hall Meeting

Bahrain Bourse continued strengthening internal coordination during its second town hall meeting of 2026. Company leaders discussed strategic priorities, operational progress, and future development...

Oman Investment Bank Appoints Mohamed Sultan Salim Al Habsi as Chief Executive Officer to Drive Strategy and Growth

Oman Investment Bank has appointed Mohamed Sultan Salim Al Habsi as its new chief executive officer. The decision marks a key leadership change at...

UAE Digital Infrastructure Attracts New Investment as Active Energy Expands Crypto Mining Strategy in Abu Dhabi

UAE digital infrastructure attracted new investment as Active Energy Group expanded its crypto mining strategy in Abu Dhabi. Moreover, the company advanced a major development agreement, which...

Riyadh Air US Expansion Advances as Saudi Carrier Applies for Flight Approval to The United States

Riyadh Air US expansion is accelerating as Riyadh Air formally applied to launch flights to the United States. The move marks a major step in Saudi...
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