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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.

Saudi Chemical Holding Third-Quarter Profit Falls 26% to SR64.6 Million on Lower Sales and Higher Raw Material Costs

Saudi Chemical Holding Co.'s third-quarter net profit fell 26% to SR64.6 million as sales volumes dropped and raw material and shipping costs rose.

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.

Qatar Stocks Jump 4.6% to Highest Close Since September as Kuwait and Oman Slip

Qatar's main index rose 4.64% on Sunday to its highest close since September 17, while benchmarks in Kuwait and Oman ended lower.

Saudi Chemical Holding Third-Quarter Profit Falls 26% to SR64.6 Million on Lower Sales and Higher Raw Material Costs

Saudi Chemical Holding Co.'s third-quarter net profit fell 26% to SR64.6 million as sales volumes dropped and raw material and shipping costs rose.

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Ooredoo Kuwait Nine-Month Profit Falls 29% to KWD48 Million on Algeria Provision as Revenue Rises 6%

Ooredoo Kuwait's nine-month net profit fell 29% to KWD48 million after a KWD23.5 million provision tied to a claim by the Central Bank of Algeria, while revenue rose 6% to KWD608 million.

Dubai Index Falls 1.4% to More Than Four-Month Low as Emirates NBD Drops 3.5%, UAE Markets Post Weekly Losses

Dubai's main share index fell 1.44% to 5,734.19 points on Friday, a more than four-month low, as Emirates NBD dropped 3.47% and Abu Dhabi's benchmark lost 1.17%.

Saudi Stocks Fall 2.3% to Lowest Close Since April 2021 as Dubai, Abu Dhabi, Qatar and Kuwait Also Decline

Saudi Arabia's benchmark index fell 2.32% to 9,695.86 points on Thursday, its lowest close since April 2021, as Dubai, Abu Dhabi, Qatar and Kuwait also closed lower.

Saudi Index Falls Below 9,800 for First Time Since April 2021 as 34 Stocks Hit Record Lows

Saudi Arabia's main share index fell 1.8% in Thursday trading and dropped below 9,800 points for the first time since April 2021.

Dubai Stocks Rise 0.4% on Bank Gains as Abu Dhabi, Kuwait and Saudi Indexes Fall

Dubai's main share index rose 0.43% on Wednesday, lifted by Emirates NBD and Dubai Islamic Bank, while Abu Dhabi, Kuwait and Saudi Arabia closed lower and Qatar rebounded.

Saudi Stocks Close at Lowest Since April 2021 as Houthi Attack Claims Weigh on Gulf Markets

Saudi Arabia's benchmark index fell 1.7% to 9,952 points on Tuesday, its lowest close since April 2021, as most Gulf stock markets ended lower.

Asyad Group Launches Sale of Up to 6.25% of Asyad Shipping to Lift Free Float Above 25%

Asyad Group, Oman's state-owned logistics group, has launched a sale of up to 6.25% of Muscat-listed Asyad Shipping Company to lift its free float above 25%.

Republic of Congo Lists $1.55 Billion of Sovereign Bonds on Nasdaq Dubai

The Republic of the Congo has listed two sovereign bond issues totaling $1.55 billion on Nasdaq Dubai, the first African sovereign issuer to list securities on the exchange.

Saudi Capital Market Authority Proposes Holding-by-Holding Disclosure Rules for Investment Funds

Saudi Arabia's Capital Market Authority (CMA) has proposed requiring investment funds to disclose their 10 largest investments and the sources of the distributions they...

Dubai Investments to Sell 20% of DIP Holding in UAE’s First IPO of 2026

Dubai Investments will sell a 20% stake in its subsidiary DIP Holding, the owner of the Dubai Investments Park district, in the UAE’s first...

Muscat Stock Exchange Launches Omani Women’s Investor Club to Broaden Investor Base

The Muscat Stock Exchange (MSX) launched the Omani Women’s Investor Club on Sunday to increase women’s participation in Oman’s capital market, the exchange said...

Qatar Stocks Fall 2% to Lowest Close Since April 2020 as Saudi Index Gains 0.8%

Qatar's main stock index fell 2% on Sunday to its lowest close since April 2020, while Saudi Arabia's benchmark rose 0.8% on gains in...