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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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Discover the Untamed Beauty of Dubai’s Desert

Al Marmoom Exhibition is set to open in Dubai, showcasing the Al Marmoom Desert Conservation Reserve as a living ecosystem. Importantly, the exhibition highlights...

Dubai Insurance Launches Crypto Wallet for Premiums and Claims

Dubai Insurance Crypto has taken a bold step by launching the UAE’s first dedicated crypto wallet for premiums and claims. The new platform allows...

Saudi Arabia Neom May Transform The Line into AI and Data Hub

The Neom project in Saudi Arabia may undergo a major revision, as reports indicate that The Line, the planned 170-kilometre linear city, could transform...

Canada and Qatar Strengthen Energy and AI Ties

Canada and Qatar Partnership strengthens ties between the two resource-rich nations, opening new opportunities in energy, defence, and artificial intelligence. The agreement marks a...

Iraq Dollar Opens Lower in Baghdad and Erbil Markets

The dollar opens weak in Iraq, sending a clear signal to traders and businesses watching currency movements closely. On Thursday morning, Dollar Opens Weak...

UAE-Kuwait Week Strengthens Brotherhood

Abdullah bin Zayed, Deputy Prime Minister and Minister of Foreign Affairs, began a working visit to Kuwait, strengthening UAE-Kuwait Ties Ties ahead of a...

Bahrain Secures Two Top Roles in International Sport for All Federation

Manama – Bahrain wins seats in the International Sport for All Federation (ISFAF), achieving a rare dual leadership victory during the federation’s annual congress...

“We Have to Think of Our Legacy,” Says Lujaina Mohsin Darwish

Equity drives innovation, according to Lujaina Mohsin Darwish, Chairperson of ITICS at Mohsin Haider Darwish LLC and Honorary Consul for South Africa in Oman....

Dubai Shocks the World with Its New DIFC Zabeel Expansion

Dubai launched Phase Two of the Dubai International Financial Centre-Zabeel District, marking a major step in the city’s economic growth. The DIFC Zabeel Expansion...

Iran Strengthens Ties with Gulf Neighbors

Iran Expands Gulf Connections with Rapid Growth in Trade with the UAE, Qatar, and Oman. Iran-Gulf trade is rising as the country strengthens economic...

Qatar Pledges $430 Million to Support Lebanon’s Energy Sector

Qatar will provide Lebanon with $434 million to strengthen its struggling energy sector. The funding demonstrates Doha’s commitment to enhancing essential services through Lebanon...

Saudi Arabia World Bank Partnership Creates Jobs and Economic Opportunities

Saudi World Bank partnership is helping turn policies into real economic opportunities. Furthermore, it supports job creation and human capital development across Saudi Arabia. Dr....
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