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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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UAE Gold Prices Surge Amid Global Demand and Market Uncertainty

UAE gold prices surge again, opening at Dh422.75 per gram for 22-karat and Dh456.75 for 24-karat on Monday. This increase of Dh3 from weekend...

Oman Banking Shows Growth and Economic Stability

Oman banking posted strong growth by the end of July 2025, showing resilience and stability in the sector. Conventional commercial banks expanded credit by...

Saudi FDI Grows as Economy Diversifies

Saudi FDI climbed sharply in the second quarter of 2025, underscoring the Kingdom’s appeal for long-term global investors. Net inflows rose 14.5 percent year...

Sustainable Shipping Partnership Launches in Qatar

Commercial Bank has joined hands with DHL Express to launch a new sustainable shipping initiative in Qatar. The partnership introduces the GoGreen Plus Sustainable...

Bahrain Stocks Close Higher on Sector Gains

Bahrain stocks closed higher as the Bahrain All Share Index ended at 1,921.00 points, reflecting an increase of 8.99 points from the previous session....

Financial Literacy Recognition for Bahrain Bourse

Financial literacy took center stage as Bahrain Bourse received the award for best exchange for financial literacy in the Middle East at the Euromoney...

Qatar Airways Celebrates World Tourism Day, Highlighting Global Travel Leadership

Qatar Airways marked World Tourism Day with a special message on its social media platform. The airline tweeted: "Happy World Tourism Day, from the...

UAE Exchange Appoints Ali Al Najjar as CEO to Drive Growth and Innovation

UAE’s Al Ansari Exchange has appointed Ali Al Najjar as its new Chief Executive Officer. Al Najjar brings over 20 years of experience at...

ADGM Abu Dhabi Emerging as Global Hub for Fighting Financial Crime

Abu Dhabi Global Market (ADGM) is positioning itself as a global hub for financial crime prevention. David Lewis, Managing Director at Kroll Advisory, highlighted...

FTA Urges Businesses to File Returns and Pay Taxes on Time

The UAE Federal Tax Authority (FTA) is reminding businesses to stay on top of their corporate tax obligations. This applies to all Corporate Taxable...

Oman Air Winter Sale and Expanded Flights

Oman Air has launched a global winter sale offering up to 25 per cent off Business and Economy Class fares. The Oman Air promotion...

Gold Dress Dubai Sets World Record at Sharjah Jewellery Show

Dubai has unveiled a gold dress that has set a new world record, drawing attention from collectors and enthusiasts. The gold dress, officially recognised...
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