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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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Saudi Arabia Launches New Airline to Boost Air Travel Capacity

Saudi Arabia has taken a major step to strengthen its air travel industry. Enhancing air connectivity The country has announced a new national low-cost...

Oman Real Estate Market Sees Shifts in Traded Value

The Oman real estate market sees shifts in traded value as overall activity shows mixed performance across key segments. Although total transactions fell, specific...

Qatar ICT Development Leads Global Rankings in 2025

Qatar ICT Development continues to improve as the country pushes forward in digital transformation. With each step, Qatar builds stronger digital infrastructure and enhances...

UAE Airlines Hiring Now for Top Aviation Jobs

Many jobseekers are now exploring aviation jobs in UAE. Fortunately, top airlines continue hiring across multiple departments. As demand grows, so do exciting opportunities...

Qatar Financial Markets Attract $1 Billion With QNB Bond Success

The Qatar financial markets are seeing rising global interest after QNB Group secured $1 billion in its latest bond issuance. This achievement came under...

Iraq Food Assistance at Risk Due to Funding Shortages

The Iraq food crisis is worsening as thousands of vulnerable families face losing vital food assistance. Funding shortfalls have forced aid organizations to cut...

Saudi Arabia’s Bank Loans Grow Fast with Corporate Lending

Saudi Arabia’s banking sector is witnessing a rapid rise in loans, led by Saudi corporate lending growth. Total bank loans in the Kingdom reached...

UAE launches Emirates First Class check-in at Dubai Airport

Emirates has introduced a premium upgrade at Dubai International Airport with its Emirates First Class check-in. This exclusive service completely transforms how First Class...

Qatar’s QNB Group Plans USD Benchmark Bond Issuance

Qatar’s QNB Group is preparing for a new QNB bond issuance to strengthen its global financial position. The bank appointed several leading international banks...

Qatar Wealth Management Shift Focuses on Agility and Technology

Qatar wealth management trends reveal a significant shift as investors demand more agility and technology in their financial services. These changing Qatar investment management...

UAE Flexible Payment Solutions Expand with Amazon and Tamara Partnership

Amazon Payment Services has partnered with Tamara to strengthen Tamara UAE payment solutions for merchants across the UAE and Saudi Arabia. This partnership responds...

SABB Best Bank Saudi Arabia Title Awarded for 2025 Excellence

SABB best bank in Saudi Arabia, recognition highlights its exceptional growth, innovation, and commitment to Vision 2030. The prestigious Euromoney award named Saudi Awwal...
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