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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’s Al Rashid Group Posts 25 Jobs for Citizens on National Employment Platform

Bahrain’s Al Rashid Group has added 25 job vacancies for Bahraini citizens on the National Employment Platform. The announcement was made by Yousif bin...

Bahrain Airport Company names Mohamed AlKhenaizi Chief Commercial Officer

Appointment: Bahrain Airport Company (BAC) has appointed Mohamed AlKhenaizi as its new Chief Commercial Officer, effective November 2. This decision aims to strengthen Bahrain’s...

US Qatar ties strengthened after Trump hails Doha as great ally

US President Donald Trump praised Qatar as a “great ally” during a brief stop in Doha while traveling to Malaysia for the 47th ASEAN summit. Amir Sheikh Tamim bin Hamad...

Employment Bahrain expands citizen job opportunities with new London Breast Care Center vacancies

Employment efforts in Bahrain continue to grow. London Breast Care Center announced 21 new job openings for Bahraini citizens through the National Employment Platform. The...

Grocery UAE Residents Shift to Budget Stores Amid Cautious Spending

Grocery UAE households are changing shopping habits due to perceived high prices. Residents buy fewer grocery items and prefer budget stores. Moreover, they delay non-essential...

Kuwait Grants $1 Million to Boost Rural Water Access in Kyrgyzstan

Water remains a top priority for Kyrgyzstan as President Sadyr Japarov ratified a grant agreement with Kuwait. He signed the law approving a $1...

Bahrain’s BBK Partners with ARP Digital to Enhance Cross-Border Stablecoin Payments

ARP Digital, a global leader in stablecoin-based infrastructure, has partnered with Bank of Bahrain and Kuwait (BBK) to expand cross-border settlement capabilities. This collaboration...

Iraq-US Leaders Discuss Trade, Security, and Energy Cooperation in Strategic Call

Iraqi Prime Minister Mohammed Shiaa al-Sudani spoke with US Secretary of State Marco Rubio by phone. They discussed American commercial agreements in Iraq. They...

UAE Expansion Boosts Sirma’s Digital Growth and Regional IT Presence

Digitalisation drives Sirma’s latest expansion as it launches Sirma ZSE in the UAE. The subsidiary will provide computer systems, network solutions, information technology, internet...

Oman Airports Launches Smart Aviation Initiative with Huawei at Muscat International

The collaboration highlights Oman Airports’ investment in smart infrastructure. Consequently, it positions Oman as a regional hub for aviation innovation. It improves efficiency and passenger...

Turkey Strengthens Strategic Partnership with Kuwait During Presidential Visit

Turkey has reinforced its strategic partnership with Kuwait during President Recep Tayyip Erdogan’s official visit. Ambassador Tuba Nur Sönmez highlighted the depth of bilateral...

Oman Renews Eutelsat Partnership to Secure National Broadcasting Services

Eutelsat has renewed its partnership with Oman’s Ministry of Information (MOI). The deal ensures continued satellite capacity on the E21B satellite at 21° East....
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