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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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Saudi Aramco Launches Four-Tranche Dollar Bond Sale

Saudi Aramco has announced pricing for its four-tranche dollar-denominated bond offering, signaling a major corporate financing initiative. The Aramco Dollar Bonds include three, five,...

Indonesia Secures $1 Billion Frigate Deal with TAIS and Qatar’s Barzan Holdings

Turkish shipbuilding consortium TAIS signed a $1 billion agreement with Qatar’s Barzan Holdings at the DIMDEX 2026 exhibition in Doha. The deal covers the...

China Strengthens Ties with Kurdistan Region During Duhok Visit

China’s Consul General in Erbil, Liu Jun, visited Duhok Governorate in the Kurdistan Region of Iraq. The visit highlights China-Kurdistan Cooperation and ongoing development...

Bahrain Sunni Endowments Council Boosts Community Projects with New Mosque

The Sunni Endowments Council has signed a landmark agreement to launch a mosque construction project in Muharraq Governorate. The Mosque Construction Project highlights Bahrain’s...

Saudi Arabia Inaugurates King Khalid Airport Terminal 2, Boosting Capacity to 14 Million

King Khalid Airport opened its new Terminal 2, increasing passenger capacity to 14 million annually. The redevelopment completes upgrades for Terminals 1 and 2....

Iraq Hosts First National Jewelry Exhibition

Iraq has launched its first national Jewelry Exhibition in Baghdad, marking a major step for the local gold and jewelry sector. The Jewelry Exhibition...

SCW Chief Honoured for Sustainability Leadership in MENA

Lulwa bint Saleh Al Awadhi, Secretary General of the Supreme Council for Women, received the 2025 Sustainability Shield. This recognition celebrates her selection among...

Bahrain Tender Board Boosts Supplier Engagement with Over 575,000 Notifications

Bahrain’s Tender Board sent over 575,000 electronic notifications to suppliers and contractors in 2025. Electronic notifications have become a key tool for improving transparency...

Maaden Raises $1 Billion Through International Sukuk Offering

Saudi Arabia’s Maaden successfully raised $1 billion through a 10-year international sukuk offering, strengthening its financial flexibility. The Maaden sukuk attracted qualified investors from...

Dollar Surges Again in Baghdad and Erbil

According to a market survey, Baghdad’s Al-Kifah and Al-Harithiya exchanges traded the dollar at 148,200 dinars per 100 dollars. This marks an increase from...

Why Investors Follow Valentin Kulikov in UAE and MENA Real Estate

International investors increasingly focus on MENA real estate because it offers long-term structural opportunities. Consequently, Valentin Kulikov, founder of Sunlocate Properties, has become a...

Bahrain Strengthens UAE Ties at Mohammed bin Zayed Nature Reserve

Bahrain-UAE cooperation received a major boost as Dr. Mohammed bin Mubarak Bin Daina, Minister of Oil and Environment, met Fahad Mohammed Salem Kardous Al...
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