Bahrain: Takaful International's net profit rises by 9% in 2024

Published on February 1, 2025
Takaful International Company has announced that the first Islamic Insurance Company in Bahrain, says that its total net profit reached BHD1.65m ($4.38m), representing a 9% growth from BHD1.51m in
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Saudi Arabia: IA approves merger of Gulf General and Gulf Union Ahlia

February 1, 2025
The Insurance Authority (IA) has approved the merger of Gulf General Cooperative Insurance Company (GGI) and Gulf Union Ahlia Cooperative Insurance Company (GUAI), announced the two insurers on the

Saudi Re and Damanat sign MoU to develop solutions for mortgage financing

February 1, 2025
Saudi Reinsurance Company (Saudi Re) and Saudi Housing Guarantee Services Company (Damanat) have signed a Memorandum of Understanding (MoU) that establishes a collaboration framework between the two