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Qatar’s Damaan Islamic Insurance Nine-Month Profit Rises 16% to QR91.5 Million as Takaful Contributions Climb 24%

Damaan Islamic Insurance Company, known as Beema, said net profit for the first nine months of 2026 rose 16.05% to QR91.53 million, as recognized takaful contributions increased 24.2% and investment income grew.

Emarat Signs Pact With Abu Dhabi’s G42 to Explore AI and Cybersecurity Across Its Energy Business

Emirates Petroleum Company (Emarat) has signed a memorandum of understanding with Abu Dhabi technology group G42 to explore artificial intelligence, cybersecurity and digital technologies across its energy and mobility business.

Qatar’s Damaan Islamic Insurance Nine-Month Profit Rises 16% to QR91.5 Million as Takaful Contributions Climb 24%

Damaan Islamic Insurance Company, known as Beema, said net profit for the first nine months of 2026 rose 16.05% to QR91.53 million, as recognized takaful contributions increased 24.2% and investment income grew.

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Qatar’s Damaan Islamic Insurance Nine-Month Profit Rises 16% to QR91.5 Million as Takaful Contributions Climb 24%

Damaan Islamic Insurance Company, known as Beema, said net profit for the first nine months of 2026 rose 16.05% to QR91.53 million, as recognized takaful contributions increased 24.2% and investment income grew.

Saudi School Operator NCLE Annual Profit Rises 5.8% to SR170 Million as Enrollment Grows 10%, Board Proposes SR2.5 Dividend

National Company for Learning and Education said net profit for the year to July 31, 2026, rose 5.8% to SR170.07 million as revenue grew 12.4% on higher enrollment, and its board recommended a cash dividend of SR2.5 a share.

Emarat Signs Pact With Abu Dhabi’s G42 to Explore AI and Cybersecurity Across Its Energy Business

Emirates Petroleum Company (Emarat) has signed a memorandum of understanding with Abu Dhabi technology group G42 to explore artificial intelligence, cybersecurity and digital technologies across its energy and mobility business.

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Bahrain Launches KGeN’s Gamer Reputation Framework Office

KGeN has officially opened its first Middle East and North Africa (MENA) office in Bahrain, introducing its gamer reputation system to the region. This...

Innovation Growth Through Venture Capital in Saudi Arabia

Innovation growth through venture capital is now central to Saudi Arabia’s national development strategy. The Kingdom is moving fast to support entrepreneurs, build new...

Saudi Arabia Launches Human Capability Initiative to Shape Future Workforce

Riyadh has launched the Human Capability Initiative, bringing together global leaders to shape the future of skills and work. Under the patronage of Crown...

Saudi Arabia Calls for Global Satellite Standards to Encourage Investment

Saudi Arabia has urged for greater international coordination on satellite technology standards. The Kingdom made this call during the 40th Space Symposium in Colorado....

Kuwait Seeks Stronger Economic Ties with Slovenia Through Investment Cooperation

Kuwait continues to build international partnerships through active investment cooperation. Recently, Kuwait’s Non-Resident Ambassador to Slovenia, Talal Al-Fassam, met with Marijana Marijk, Executive Director...

Iraq Makes Significant Progress on Al-Faw Port Projects

Iraq continues making major progress on the Grand Al-Faw Port, located in southern Basra. This large project aims to turn Iraq into a main...

Oman Explores Logistics Hubs in Africa and Yemen

Oman is taking a significant step to strengthen its sector. The Ministry of Transport, Communications, and Information Technology (MTCIT) has invited proposals from qualified...

Motorsport Shines at Bahrain Grand Prix 2025

Motorsport in Bahrain took center stage as the Bahrain Grand Prix 2025 reached its exciting finale at the Bahrain International Circuit. Fans from around...

Saudi Industrial Output Rises in February on Manufacturing Growth

Saudi Arabia’s industrial production showed promising growth in February, reflecting positive trends in manufacturing and other key sectors. According to data from the General...

UAE-EU Trade Deal Talks Begin to Strengthen Economic Ties

UAE and EU Launch Trade Deal Talks The UAE-EU trade deal talks have officially begun, as both sides aim to strengthen their long-standing economic relationship....

Saudi Arabia Accelerates EV Growth with Tesla Cybertruck Launch

Saudi Arabia took a major step in its electric vehicle (EV) journey by welcoming Tesla into the market. The official launch featured the bold...

Qatar Fishing Exhibition at Old Doha Port Celebrates Maritime Heritage

Qatar’s first-ever fishing exhibition opened at Old Doha Port, highlighting the country’s maritime heritage. The four-day event, running until April 12 at Mina Park,...