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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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Qatar Condemns Iran Strike on Ras Laffan as Major Escalation

Qatar condemns Iran attack on Ras Laffan Industrial City, describing it as a serious escalation in regional tensions. The strike caused fires and significant...

Iraqi Parliament Approves Law to Guarantee Kurdistan Region Salaries

Iraq has taken a decisive step to secure Kurdistan salaries and stabilize its economy. Lawmakers approved a new measure that obliges the federal government...

Oman Secures Long-Term Power Deals to Boost Energy Stability

Oman has moved to secure Oman power deals that will strengthen its energy sector. The government signed long-term agreements to ensure stable electricity supply...

Qatar Confirms Financial Sector Eid Al Fitr Holiday Schedule

Qatar has confirmed the Qatar Eid holiday schedule for its financial sector. The announcement sets clear dates for closures during Eid Al Fitr. The Qatar...

Al Salam Bank Introduces ‘Ayadi’ Cash Withdrawals Through ATMs in Bahrain

Al Salam Bank has introduced a new ATM-based service that allows customers to withdraw “Ayadi” cash directly from machines across its branches in Bahrain....

Jazeera Airways Launches Daily Flights to UAE and Saudi Arabia Amid Regional Disruptions

Jazeera Airways has announced the launch of daily flights connecting Saudi Arabia and the United Arab Emirates. The new service aims to maintain regional...

NBB Makes Eid Banknotes Easily Accessible Across Bahrain

The National Bank of Bahrain has launched a campaign to make Eid banknotes easily accessible. The initiative ensures safety and convenience for families during...

Rockets Strike Baghdad International Airport

Explosions shook Baghdad International Airport after a series of rockets struck the facility and nearby areas. The Baghdad rocket attack injured several airport workers...

Gulf Tensions Cancel CBSE Exams for Thousands of Students

Rising regional tensions have disrupted education across the Gulf region. The CBSE exam cancellation now affects thousands of Indian students studying in West Asia....

Qatar Airways Launches Limited Flights Amid Ongoing Airspace Shutdown

Air travel disruptions across the Gulf continue to affect thousands of passengers. Qatar limited flights have now started as Qatar Airways launches restricted operations...

Drone Strike Disrupts Radar System at Kuwait International Airport

A sudden security incident has raised concern across the region’s aviation sector. The Kuwait drone attack targeted the radar system at Kuwait International Airport....

IndiGo Maintains Muscat Flights While Suspending Several Gulf Routes

Air travel across the Gulf faces growing disruption due to regional tensions. IndiGo Muscat flights will continue despite the airline suspending several other routes....
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