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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 Gold Prices Hold Steady as Retail Demand Remains Strong

Dubai gold prices remain stable today as strong retail demand supports market confidence across the emirate. The stability reflects balanced global trends and steady...

Qatar Islamic Bank Launches Salary Transfer Campaign with Up to 125,000 Rewards Points

Qatar Islamic Bank has launched a new customer rewards campaign aimed at attracting salary transfers with high-value loyalty benefits. The move strengthens competition in...

Gulf Air Expands Dammam Operations as Bahrain Airport Closure Disrupts Regional Flights

Gulf Air is rapidly expanding its operations in Saudi Arabia as Bahrain’s airport closure forces the airline to reshape its regional network. The move...

Dubai Gold Prices Fall as Global Markets Pull Back Amid Geopolitical and Financial Pressures

Dubai gold prices moved lower on Thursday after a short-lived rally lost momentum, pushing local bullion rates down from the previous session. The decline...

Qatar and Ukraine Sign Defence Cooperation Deal for Joint Military Projects and Tech Collaboration

Qatar and Ukraine have signed a new defence cooperation agreement, opening the door to joint military projects, technology collaboration, and closer strategic coordination. The...

Iraq Recovers More Than $1.2 Billion in Major Anti-Corruption Push

Iraq’s anti-corruption campaign delivered one of its strongest results yet, as the country’s Integrity Commission said it recovered and protected more than $1.2 billion...

Dubai Introduces New Regulatory Framework for Crypto Derivatives to Boost Investor Protection and Market Clarity

Dubai has introduced a new regulatory framework for trading virtual asset derivatives, strengthening oversight in one of the fastest-growing areas of digital finance. The...

Dubai Launches Dh1 Billion Economic Support Package to Boost Business and Social Development Amid Regional Tensions

Dubai Relief has launched a major economic support plan as regional tensions continue to pressure markets and business activity. The new measures aim to...

Qatar Strengthens Trade Ties with Belgium and Singapore to Boost Investment and Economic Resilience

Qatar Chamber Chairman Sheikh Khalifa bin Jassim bin Mohamed Al Thani emphasized Qatar’s economic strength while meeting Belgium and Singapore’s ambassadors to boost trade...

U.S. Backs Bahrain at UN to Protect Strait of Hormuz from Iran and Houthi Threats

US Secretary of State Marco Rubio issued a firm warning against Iran and its Houthi allies. He emphasized that their threats to the Strait...

Emirates NBD Launches Instant Funding Service for Trading Accounts in UAE

Emirates NBD launched a new service that allows UAE investors to top up trading accounts almost instantly. As a result, investors can transfer funds...

Oman Warns Public Against Fake ROP Website Targeting Personal Data

Oman has warned the public about a fake ROP website pretending to be the official Royal Oman Police platform. The website aims to steal...
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