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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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Commercial Bank Qatar Rating Affirms Strong Outlook

Fitch Ratings has confirmed Commercial Bank Qatar’s rating at ‘A’ with a stable outlook. The rating shows confidence in the bank’s stability and growth...

Gold Jewellery Prices Hold Steady After Sharp Drop

Gold jewellery prices stayed steady on Tuesday morning, following a sharp decline the day before. On Monday, prices fell by Dh4.5 per gram. This...

Tharaa Savings Account Rewards More Winners with Cash Prizes in Monthly Dukhan Bank Draw in Qatar

Dukhan Bank continues to excite customers with its rewarding Tharaa savings account. The bank announced new winners for this month’s draw at its headquarters...

Bahrain GDP Growth Leads GCC with Strong Non-Oil Sector Boost in Q4 2024

Bahrain GDP growth leads GCC nations after an impressive economic performance in the fourth quarter of 2024. The Kingdom recorded a 7% real GDP...

Dubai Property Owners Must Pay Service Charges on Time to Protect Credit Scores

Dubai property owners must now take Dubai service charges payment seriously, as failure to pay on time could negatively impact their credit scores. The UAE is...

Top 50 Bahraini Companies 2025 List Draws Fierce Competition Across Private Sector

The Top 50 Bahraini Companies 2025 List is stirring major excitement across the country’s private sector. With over 200 companies vying for a spot,...

Qatar’s Non-Energy Economy Growth Expected to Remain Steady in 2025

Qatar’s non-energy economy growth is steady in 2025, according to Oxford Economics. The report forecasts a consistent 3.4% expansion in the non-energy sector this...

UAE Economy Grows 4% in 2024 Driven by Non-Oil Sector Expansion

The UAE economy grew 4% in 2024, powered by strong growth in its non-oil sector. The country’s real GDP reached Dh1.78 trillion ($485 billion),...

Kuwait Market Stability Effort Maintains Supply Amid Tensions

The Kuwait market stability effort remains strong as the country faces heightened regional tensions. Government officials have acted quickly to ensure that local markets...

Bahrain’s Startup Ecosystem Sees 13% Growth in 2024

Bahrain’s startup ecosystem has achieved significant growth in 2024, reaching a valuation of $1.2 billion. This represents a 13% increase compared to the previous...

IMF Praises Oman Central Bank Transparency

The International Monetary Fund (IMF) has praised the Central Bank of Oman (CBO) for its strong commitment to transparency, governance, and financial stability. This...

SOCIALEYEZ Wins Abu Dhabi Department of Government Enablement Account

SOCIALEYEZ wins investment with a significant new client and the Abu Dhabi Department of Government Enablement (DGE). This partnership starts in April 2025. SOCIALEYEZ will...
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