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Bupa Arabia profit falls
Bupa Arabia for Cooperative Insurance’s net profit fell 5.31% year on year to SAR 344.68 million in the third quarter of 2026, despite rising 12.36% from the previous quarter. The company attributed the annual decline mainly to a 24.55% increase in other operating expenses, to SAR 134.53 million, to support business growth, and a 20.24% drop in net other revenue. The comparable quarter last year also benefited from the one-off reversal of a zakat provision. By contrast, insurance revenue rose 11.38% to SAR 5.62 billion.
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