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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 Leads GCC Fixed Income Market in Q1 with Strong Debt Issuance

Saudi Arabia bonds dominated the GCC fixed income market in the first quarter. The Kingdom raised $31.01 billion from 41 bond and sukuk deals,...

Qatar Strengthens Green Economy with Sustainable Finance Framework

Qatar is taking bold steps to boost its green economy with the launch of a new Sustainable Finance Framework. This move supports the nation’s...

Bahrain Boosts Financial Sector with Stronger Leadership Structure

Bahrain continues to focus on growth and leadership in its financial sector. In April 2025, the Central Bank of Bahrain (CBB) held its second...

UAE’s Dh5 Trillion Milestone Marks Major 2024 Achievement

UAE foreign trade saw a huge jump in 2024. The total volume hit Dh5.23 trillion. This shows a sharp 49% rise compared to 2021’s Dh3.5...

Oman Reviews Flood Risk Plans for Safety

Oman continues its efforts to reduce damage from floods by updating its flood risk plans. A recent meeting in Muscat brought together experts and...

Kuwait Leads with Zain’s Fastest Network Wins

Zain, the fastest network in Kuwait, continues to lead the country’s telecom industry with record-breaking achievements. The company secured five global awards for excellence...

Oman Leads Nuclear Dispute Talks Between US and Iran

Oman continues leading the nuclear dispute talks between Iran and the United States. These nuclear dispute talks are now taking place in Rome. Oman...

Bahrain Pushes Jobless Aid Rise Despite Government Warnings

Lawmakers in Bahrain continue to push for an unemployment support boost, despite strong opposition from the government. A new proposal aims to raise monthly...

Qatar’s Commercial Bank Launches CB Analytics Academy to Empower Nationals

Commercial Bank in Qatar has launched the CB Analytics Academy, a major step toward training Qatari professionals in banking. This Qatari banking training initiative...

Oman’s Investment Authority Boosts Credit Rating

The Oman Investment Authority (OIA) has played a pivotal role in the Oman Credit Rating Boost. This reflects its strong commitment to fiscal discipline...

Quiqup Expands Logistics Network to Saudi Arabia

Quiqup expands logistics network again, and this time Saudi Arabia takes center stage. The UAE-based logistics company launched its core services in the Kingdom....

Oman Airports Passenger Numbers Show Mixed Trends

Oman airports experience changes in passenger numbers and flight activity. The total number of travelers dropped to 2,535,246. This is a 6.7 percent decrease...
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