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

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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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Scale AI Opens UAE Office at Dubai International Financial Centre as It Expands in the Gulf

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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.

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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.

Explore more

Saudi Investment Forum Drives Saudi and US Economic Partnership

To begin with, Saudi-US economic partnership gains strength at Riyadh forum. Saudi Arabia is set to host a major investment forum as part of...

Bahrain Safety Milestone Reached as Alba Achieves Global Record

Opening with Bahrain safety milestone reached new heights as Aluminium Bahrain (Alba) completed 35 million safe working hours without a Lost Time Injury. This...

UAE Mubadala Investment Returns Climb with AI and Global Growth Strategy

Right from the start, Mubadala Investment Company posted strong results, reflecting robust performance across its global portfolio. The company reported 10.1% annualized returns over...

UAE IPO Momentum Rises Despite Global Market Volatility

Despite global economic uncertainty, UAE IPO momentum continues to grow rapidly. Minor market delays have occurred, yet strong investor demand keeps offerings on track....

The Kuwait Economic Growth Outlook Improves With Reforms

At the outset, the Kuwait economy growth outlook remains positive, with GDP expected to grow by 3.3 percent over the next year. This projection...

Iraq Digital Transformation Plans Advance Through Meta Talks

Iraq continues building its digital economy by forming global tech partnerships and expanding national infrastructure. Prime Minister Mohammed Shia Al-Sudani recently welcomed a delegation...

Dubai Property Transactions Surge Across Real Estate Market

Dubai property transactions surge as the real estate market keeps showing strong growth. Buyers and investors stay confident despite global economic uncertainty. In the first...

Saudi Arabia Plans Second Red Sea Island for Cruise Expansion

Cruise Saudi announced its plan to launch a second Red Sea private island north of Jeddah. This development will support cruise tourism and increase...

Qatar Supports Maldives in Launching Major Financial Hub

The Maldives government joined hands with MBS Global Investments to develop the Maldives International Financial Centre in Malé. This $8.8 billion project aims to become a...

Iraqi Banking Reform Drives Economic Confidence

Iraqi banking reform, Prime Minister Mohammed Shia Al-Sudani led a meeting with Iraqi bank leaders to boost banking sector development. During the session, he stressed...

Oman Builds Industrial Salt Producer for Global Market Reach

Oman has taken a major step to become a top industrial salt producer in the region. The government signed a $34 million deal to launch the...

Qatar and Hungary Agricultural Investment Talks Boost Bilateral Ties

To begin with, Qatar and Hungary Agricultural Investment Talks Boost Bilateral Ties. Both countries continue to deepen cooperation through strong Qatar-Hungary agricultural investment talks. Recently, Qatar Chamber...
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