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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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Oman Tax Authority Clarifies VAT Rules for GCC Imports

The Omani Tax Authority (OTA) has issued clear guidance on VAT Oman companies importing goods from the UAE and other GCC countries. The update...

Philippines Integrates OEC into OFW Travel Pass for UAE Workers

DUBAI The Department of Migrant Workers (DMW) has integrated the Overseas Employment Certificate (OEC) into the OFW Travel Pass. This affects millions of overseas...

Bahrain LMRA Rolls Out Enhanced Wages Workshops

The Labour Market Regulatory Authority (LMRA) in Bahrain has begun a series of workshops to introduce the Advanced Wage Payment Platform to private sector employers. The...

Iraq Development Road Project Nears Final Economic Model to Boost Investment and Growth

Iraq’s General Company for Ports announced that the Mobility infrastructure development is nearing its final economic model stage. The initiative aims to boost investment...

Bahrain Financial Sector Growth Strengthens Amid Positive Banking Indicators

The financial sector of Bahrain continues to show steady growth as the Central Bank of Bahrain (CBB) held its fourth board meeting of 2025....

Iraqi Dinar Slips Slightly Against US Dollar in Baghdad and Erbil

The Iraqi dinar slipped against the US dollar in Baghdad and Erbil, signaling cautious market movements. Iraqi dinar investors and traders monitored rates closely...

Omani Finance Surpasses RO 34 Billion, Attracting Investors

Omani finance is expanding rapidly as bank credit surpasses RO 34 billion, highlighting growing opportunities for investors and businesses. Moreover, the increase signals strong...

Persuasive Brands Lead Consumer Choices in Saudi Arabia

Persuasive brands continue to shape consumer behavior in Saudi Arabia, with Saudia, Alrajhi Bank, and Albaik leading the market. The latest consumer analysis revealed...

Kuwait Banking Dominates Market and Wins Global Investor Trust

Kuwait banking continues to dominate the country’s stock market, contributing more than 60 percent of total capitalization. The sector also ranks as the most...

Bahrain Digital Finance Sparks FinTech Growth and Regional Expansion

Bahrain is emerging as a hub for digital finance, fueled by stablecoin regulations and a supportive ecosystem. Bahrain FinTech Bay (BFB) collaborates with public...

Dubai Gold Prices Surge as Demand Stays Strong

Gold prices in Dubai rose to new highs this week, showing strong investor confidence and steady consumer demand across the UAE. The sharp rally...

Qatar’s Non-Bank Earnings Set to Drive QSE Market Surge

Qatar's non-bank earnings are driving growth in the stock market this quarter, boosting investor confidence and optimism. Analysts expect QSE earnings to rise 3...
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