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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 Farmers’ Market Connects Families With Local Farms

Farmers Market in Bahrain continues to attract strong crowds, connecting families directly with local farms. In addition, the weekly event in Budaiya reached its...

Bahrain Tops Gulf And Ranks Second In Arab World For Economic Freedom

Economic Freedom in Bahrain continues to rise, placing the kingdom first in the Gulf and second in the Arab world. The Ministry of Finance...

Jessica Chastain Visits Dubai Mall and Weighs in on Diamonds vs Gold Investment

Hollywood star Jessica Chastain visited Dubai Mall to attend the opening of Damiani’s luxury jewellery boutique. Her visit combined glamour with warmth, leaving a...

UAE Court Orders Dh520,000 Repayment After Oath

An Abu Dhabi court ordered debt repayment after a decisive oath resolved a high-profile financial dispute. The ruling highlights the UAE’s strong legal framework...

Kuwait Migrant Remittances Shape Economy

Migrant remittances have long shaped Kuwait’s economy and social landscape. Moreover, they connect expatriate workers to families across Asia, Africa, and the Middle East. Al...

Qatar Banks Set for Strong 2026 Backed by LNG Expansion

Qatar banking resilience will remain strong in 2026, supported by capital strength and LNG-driven economic growth. Moreover, rating analysts expect banks to maintain stability...

Dubai Gold Prices Cool After Weekly Highs as Markets Adjust

Dubai gold prices eased after reaching weekly highs, but they remain near elevated levels, reflecting ongoing global market dynamics. The key phrase Dubai gold...

UAE Expands Marriage Support For Nationals During Year Of Family

The UAE has expanded Marriage Support UAE initiatives during the Year of Family. This step highlights national efforts to strengthen families and social stability. As...

Qatar Airways Alerts Travellers to Georgia’s Mandatory Insurance Requirement

Qatar Airways has warned travellers that Georgia now requires mandatory insurance for all visitors. The key phrase, mandatory insurance, highlights the new regulation affecting...

Dollar Fluctuations in Iraq Spark Public Concern, Experts Downplay Risk

Dollar fluctuations in Iraq’s parallel market have raised public concern, but experts say the impact is temporary and manageable. The key phrase, dollar fluctuations,...

UAE Lowers Adulthood Age to 18, Giving Young People Full Financial Control

The UAE has lowered the legal age of adulthood to 18, granting young people full control over their finances. Experts say the UAE financial...

QIIB Extends Sponsorship Deal with Al-Gharafa SC

QIIB has signed a renewed sponsorship deal with Al-Gharafa SC, reinforcing its long-term support for Qatari sports. The QIIB sponsorship deal demonstrates the bank’s...
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