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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’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.

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 Airport Resumes Operations Amid Middle East Conflict, Flights Gradually Restart

Dubai Airport open status remains a focal point for global travelers as the hub restores its flight schedule. Operations at Dubai International Airport resumed...

Qatar Strengthens Strategic Reserves Amid Regional Tensions to Protect Supply and Prices

Strategic reserves remain under close government oversight as regional tensions continue to impact the Gulf. Sheikh Faisal bin Thani bin Faisal Al Thani visited...

Bahrain’s Bapco Halts Operations After Major Strike

Global energy crisis concerns reached a breaking point Monday after Bahrain’s state-owned oil giant, Bapco, declared force majeure. This rare legal move follows a...

Oman Air Halts Flights to Nine Regional Cities

Oman Air cancellations now impact thousands of travelers as the carrier responds to the widening closure of regional airspace this week. The national airline...

Qatar Government Approves 70% Remote Work for Eligible Employees

Remote work policy remains a cornerstone of the current operational strategy for the nation. The Secretariat General confirmed on Sunday that government entities will...

Qatar Airways Operates Limited Flights Amid Restricted Airspace

Qatar Airways operations face significant hurdles as the carrier navigates a restricted and temporary flight schedule this week. The Qatar Civil Aviation Authority recently...

Bitcoin Rebounds Above $73,000 as Investor Risk Appetite Returns

Bitcoin rebound gains momentum as global investors regain risk appetite and confidence returns. The world’s leading cryptocurrency surged past $73,000 this week, signaling renewed interest...

Dubai Luxury Apartment Sells for Dh422 Million as Property Market Defies Global Uncertainty

Dubai property sale continues to reach record levels despite ongoing regional tensions and global uncertainty. Recently, investors purchased a luxury apartment in Dubai for Dh422...

Rising Regional Conflict Adds Pressure to Bahrain’s Fragile Finances

Bahrain fiscal pressure is rising as regional conflict increases economic uncertainty across the Gulf. Tensions involving Iran, the United States, and Israel continue to...

Gold Prices in Dubai Rebound as Middle East Tensions Boost Safe-Haven Demand

Gold prices Dubai rose early on Friday, regaining nearly half of yesterday’s losses. Investors watched the market closely as tensions in the Middle East...

Gold Silver Demand Surges in Dubai Amid Geopolitical Tensions

Gold silver demand in Dubai surged on Thursday as investors sought safety amid growing geopolitical tensions. The Middle East conflict involving the US, Israel,...

Emaar Confirms Normal Operations as Sales Surge 118% in Early 2026

Emaar performance remains robust as the company confirms that all malls, hotels, and development projects operate normally. Despite regional instability, the developer sustained growth...