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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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Oman’s 12th Local Sovereign Sukuk Draws RO273 Million in Bids for RO150 Million Issue at Average 4.82%

Oman's 12th local sovereign sukuk drew subscription applications worth about RO273.2 million for an issue valued at RO150 million, Oman Sovereign Sukuk Company said.

Masdar Raises $600 Million in Debut Blue Bond, Swapping Proceeds Into Euros for European Expansion

Abu Dhabi's Masdar has raised $600 million from its first blue bond, a five-year issue rated AA- by S&P and Fitch that was 2.5 times oversubscribed.

Abu Dhabi Islamic Bank Nine-Month Profit Rises 6% to AED5.6 Billion as Financing Grows 25%

Abu Dhabi Islamic Bank's net profit after tax rose 6% to AED5.6 billion in the first nine months of 2026, as gross customer financing grew 25% from a year earlier.

Ajman Bank Nine-Month Profit Falls 14% to AED326 Million as Credit Loss Charge Replaces Year-Earlier Reversal

Ajman Bank's net profit fell 14.2% to AED326.06 million in the first nine months of 2026, from AED379.97 million a year earlier.

Etihad Credit Insurance Renews and Expands Trafigura Support With $150 Million Facility for UAE-Origin Exports

Etihad Credit Insurance will provide up to $100 million of credit insurance cover for a renewed $150 million revolving credit facility for Trafigura to buy UAE-origin commodities.

Qatar Islamic Insurance Nine-Month Profit Falls 31.3% to QR95.55 Million

Qatar Islamic Insurance Company's net profit fell 31.3% to QR95.55 million in the first nine months of 2026, from QR139.17 million a year earlier.

India’s Bandhan Bank Denies Acquisition Talks With First Abu Dhabi Bank After Report FAB Is Scouting an Indian Lender

Bandhan Bank denied any acquisition discussions with First Abu Dhabi Bank after Moneycontrol reported that the UAE's largest lender is looking to buy a mid-sized Indian private bank.

Doha Investment Nearly Doubles Qatar’s Active Asset Management Initiative to QR5 Billion as Qatar Stock Exchange Welcomes Move

Doha Investment is raising Qatar's Active Asset Management Initiative to QR5 billion from QR2.6 billion, with the extra QR2.4 billion funded through new cash.

Bahrain’s Ithmaar Bank Appoints Nada Kazerooni as Head of Financial Institutions and Treasury

Bahrain-based Islamic lender Ithmaar Bank has appointed Nada Kazerooni, a banker with more than 25 years of treasury and capital markets experience, to lead its financial institutions and treasury function.

QLM Life and Medical Insurance Nine-Month Profit Falls 12% to QR41.4 Million Despite 23% Revenue Growth

QLM Life and Medical Insurance Company said its nine-month net profit fell 12.07% to QR41.36 million, even as insurance revenue rose to QR1.27 billion.

Oman’s Pension System Climbs Nine Points to B Grade in 2026 Global Pension Index, Ranking 21st of 55

Oman's retirement income system scored 69.9 points in the 2026 Marsh Global Pension Index, up from 60.9 in 2025, moving from a C+ to a B grade and ranking 21st of 55 systems.

Kuwait Residents’ Spending Reaches KD42.3 Billion in First Nine Months as WAMD Transfers Hit KD8.75 Billion

Spending by citizens and residents of Kuwait reached KD42.33 billion in the first nine months of 2026, Central Bank of Kuwait data show, with KD8.75 billion moving through the WAMD instant payment service.
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