Financial

HomeFinancial

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.
0

Bahrain Clear Appoints Seven Pillars Consultancy to Review Its Clearing and Depository Operations

0

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.
‎ ‎ - 0

stc Bahrain Signs $140 Million Financing Facility With BNP Paribas to Fund Network Expansion

0

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.

More News

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.

Explore more

Qatar Launches Dukhan Bank Home Finance Campaign

Qatar’s Dukhan Bank has launched a limited-time Home Finance campaign offering a competitive profit rate of 4.5% per annum. The initiative aims to support...

Dubai Gold Prices Hold Above Dh400 Amid Global Rally

Dubai gold prices stayed elevated on Wednesday, reflecting strong global demand and investor confidence in the precious metal. Dubai gold prices held firm above...

UPI Payments Qatar Expands with Commercial Bank Partnership

UPI payments Qatar gained new momentum as Commercial Bank signed a landmark agreement with NPCI International Payments Limited in Doha. The deal aims to...

Qatari Bank Growth Boosted by Diversification and LNG Expansion

Qatari banks will accelerate growth as the country’s diversification plans and LNG expansion boost credit demand. Analysts highlighted that rising activity in tourism, sports,...

Saudi Digital Payments Grow With Google Pay Launch

Saudi digital payments are entering a new phase as Google Pay prepares to launch across the Kingdom. Moreover, the Saudi Central Bank, known as...

Bahrain Carrefour Exits as Majid Al Futtaim Shifts Focus

Carrefour has officially exited Bahrain, closing all its stores across the country. The decision follows the retailer’s earlier closures in Oman and Jordan. The...

Saudi Stock Market Ends Lower as Zain KSA Signs Financing Deal

The Saudi stock market closed marginally lower, reflecting cautious investor sentiment despite several upbeat corporate announcements. The Tadawul All Share Index declined 6.92 points,...

Gold Price UAE Soars With Zero Making Charge Deals

In the UAE, the Gold price has surged past Dh400 a gram, reaching unprecedented highs across the Emirates. Retail prices on Tuesday morning showed...

VoWiFi Launch in Iraq as Asiacell Expands Digital Services

Asiacell introduced VoWiFi in Iraq, marking a significant step forward in the country’s telecommunications industry. The service allows subscribers to enjoy clearer and more...

Emirati Talent Growth Marked by Nafis Fourth Anniversary

Emirati talent growth took center stage as the Emirati Talent Competitiveness Council marked the fourth anniversary of Nafis on Monday. The program, launched in...

Carrefour Bahrain Exit Reflects Retail Strategy Shift

Carrefour Bahrain exit marks a significant change in the global retailer’s Middle East strategy, signaling a focus on higher-growth markets. The company confirmed that...

Saudi Arabia Sukuk Issuance Soars as Banks Bridge Liquidity Gap

Saudi banks are experiencing an unprecedented surge in sukuk issuance this year. From January through mid-September, volumes reached $10.5 billion, nearly doubling last year’s...
1...707172...106Page 71 of 106

Khaleej Business Insight

Khaleej Business Insight delivers curated global business news, exclusive insights, and expert analysis. As a trusted source, we provide depth and clarity in business, finance, the economy, and innovation. Stay informed in a fast-moving world.

Follow us

About us

Copyright Khaleej Business Sight 2025.