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Medgulf Logs Higher Q3 Attributable Net Profit, Insurance Revenue

MT Newswires·11/03/2026 00:52:08
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12:52 AM EST, 11/03/2026 (MT Newswires) -- The Mediterranean and Gulf Insurance and Reinsurance (SASE:8030), d/b/a Medgulf, logged 24.1 million Saudi riyals in net profit after zakat attributable to shareholders for the third quarter, compared with 17.9 million riyals a year ago. For the three months ended Sept. 30, insurance revenue was 1.50 billion riyals versus 1.03 billion riyals previously, the Saudi Arabia-listed insurer said Tuesday.