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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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Kuwait Increases Validity of Driver’s Licenses for Expats and Citizens

Kuwait driver’s license validity now extends under new regulations designed to ease procedures for all drivers across the country. A new ministerial decision increases the...

Oman Reshapes Private Sector Pay with Performance-Based Bonus Mandate

Oman introduced new rules to regulate the periodic bonus for Omani workers in the private sector. The Ministry of Labour aims to ensure fairness...

Dukhan Bank Cements Global Leadership in Islamic Private Banking

Qatar’s Dukhan Bank has earned the prestigious title of “World’s Best Islamic Private Bank” for the second year. This global recognition confirms its leadership...

Bahrain Exports Rise to BD997 Million in Q2

Bahrain exports continue to show strong performance as national-origin non-oil shipments reached BD997 million in the second quarter. This marks a 12% increase over...

Kuwait Airways Revenue Growth Driven by Strategic Reforms

Kuwait Airways has reported steady financial progress, thanks to major strategic efforts across its operations. These results show the strength of Kuwait Airways' revenue...

Kuwait AI Banking Push Expands with Microsoft Copilot at NBK

Kuwait AI banking push gains major momentum as the National Bank of Kuwait launches Microsoft Copilot across all departments. As a result, this move...

Iraq Strengthens Cybersecurity with New Threat Intelligence Partnership

Iraq has taken a bold step to protect its growing digital infrastructure. A new Iraq cybersecurity partnership promises to reinforce national digital defences. This collaboration aims...

Qatar Banking Inclusion Expands for Elderly and People with Special Needs

Qatar banking inclusion continues to advance as QNB Group rolls out new services for the elderly and people with special needs. The bank aims...

UAE Budget Flyers Find Dh189 Travel Deals After Wizz Air Exit

UAE budget flyers, although worried about rising travel costs after Wizz Air’s exit from Abu Dhabi, can still travel affordably. Fortunately, several low-cost airlines...

Qatar ISO 26000 Training Boosts Social Responsibility Awareness

Qatar Chamber hosted a forum titled Qatar ISO 26000 training to promote social responsibility across public and private sectors. This event was held in...

UAE Stablecoin Regulations Boost Crypto Confidence

The UAE stablecoin regulations are now encouraging more users to explore digital assets with greater trust. These rules support innovation while ensuring financial safety...

Kuwait NBK Strong Profits Drive Growth and Stability

Kuwait’s National Bank of Kuwait (NBK) continues to perform well, driven by NBK strong profits across multiple areas of business. These gains highlight the...
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