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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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Qatar’s Ooredoo Expands Cloud Gaming with Blacknut and MobiBox

Ooredoo has made a major move in expanding cloud gaming services by joining forces with MobiBox. This partnership brings Blacknut Cloud Gaming to the Go Play Market platform,...

UAE Sets New Rules for Drone Air Navigation Services

The UAE has introduced new regulations to ensure safe and efficient drone operations within the country’s airspace. These rules apply to air navigation service providers handling unmanned aircraft and set strict certification standards. The General...

Saudi Arabia Enforces Strict Rules for Hajj Service Providers

Saudi Arabia has issued a firm warning to Hajj service providers, making it clear that maintaining high standards is essential. Authorities have emphasized that...

Muscat Leads Oman’s Digital Transformation with 24 Fully Digitized Services

Muscat – The Muscat Governorate has successfully digitized 24 essential municipal services, marking a significant milestone in Oman’s digital transformation journey. This achievement has...

Oman Investment Authority Supports US Biopolymers Company for Sustainable Growth

Muscat – The Oman Investment Authority (OIA) has made a significant investment in Tidal Vision, a leading US-based biopolymers company, as part of its...

Iraq Implements Measures to Prevent Summer Power Outages

The Iraqi Ministry of Electricity has announced a comprehensive plan to prevent power outages this summer, following disruptions in gas supplies from Iran. The...

Qatar’s International Reserves Increase 3.81% to $70.29 Billion in February

Qatar’s international reserves and foreign currency liquidity rose by 3.81% in February, reaching a total of 255.916 billion Qatari riyals ($70.29 billion), up from...

Dubai’s Real Estate Boom: Why Investors Are Taking Notice

Dubai has become one of the world’s most attractive real estate markets, driven by strong economic growth, a stable environment, and high investment potential....