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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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Bahrain Stocks Decline Amid Cautious Trading Across The GCC

Bahrain All Share Index fell as investors reacted to ongoing regional developments, and trading activity reflected caution across multiple sectors. The Bahrain All Share Index...

Gold Market Pauses in Dubai as Buyers Await Clear Price Direction

Dubai gold buyers are cautious as gold prices fluctuate amid ongoing regional tensions. Shoppers are carefully observing the market before making purchases, and traders...

Saudi Job Growth Remains Strong Despite Slower PMI

Saudi job growth remained strong in February, despite a slight slowdown in non-oil sector momentum. Companies continued to hire aggressively and raise wages. The Riyad...

IPO Market Trend Shows Weak Listings Amid Middle East Tensions

The IPO market trend is showing weakness as geopolitical tensions in the Middle East affect investor confidence. Companies and investors alike are acting more...

Alba Expands into Europe with Full Acquisition of Aluminium Dunkerque, Strengthening Global Footprint and Low-Carbon Capabilities

Alba aluminium deal signals a significant step in the company’s global expansion strategy. As a result, Bahrain’s leading aluminium producer will enter the European...

Gold Safe Haven Drives Dubai Prices Toward Dh650

Dubai gold prices climbed sharply in early trade on Tuesday. Gold safe haven demand pushed rates closer to Dh650 per gram. Investors reacted quickly...

Gold Prices Surge in Dubai as U.S.-Iran Tensions Drive Safe-Haven Demand

Gold prices rise sharply in Dubai on Monday as investors reacted to the ongoing U.S.-Iran military conflict. Investors increasingly turned to gold, a traditional...

Bitcoin Drops 6% Amid Middle East Escalation, Risk Assets Face Heavy Selling

Bitcoin war selloff pressures global crypto markets after fresh geopolitical tensions shook investor confidence. Traders reacted swiftly as Bitcoin war selloff headlines spread across...

Gold and Silver Slip as Safe Haven Demand Keeps Markets Cautious

Gold and silver prices opened lower on Thursday. However, safe haven demand continued to shape investor sentiment. Traders tracked fresh global risks closely. At...

Flydubai Posts Record 2025 Profits Amid Strong Passenger Growth

Dubai-based carrier Flydubai announced record 2025 results after posting its strongest financial performance to date. The airline reported higher profits and steady revenue growth....

AI Legal Responsibility in the UAE: Why Companies Must Stay Accountable

AI legal responsibility is becoming a central issue for companies operating in the United Arab Emirates. As a result, businesses must rethink how they...

Dubai Rental Market Shifts Toward Flexible Leasing

Dubai rental market trends show a clear change in 2026. The Dubai rental market now reflects stronger focus on value and flexibility. Moreover, tenants...
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