02/26/2020
The investment product has achieved for its holders a cash dividend of 9% annually, whereby the profits are distributed every three months, while the internal return on investment of the product is about 12%
02/25/2020
Of Saudi Arabia’s 33 insurance companies, 10 made a loss last year, with the bulk of profits being earned by two companies — Bupa Arabia and Tawuniya
02/24/2020
Kuwait's central bank will be tasked with forming the inspection body and dictating the nature of its operations, a role previously occupied by the Ministry of Awqaf and Islamic Affairs, it added.
02/20/2020
Oman's government has recently confirmed an extension of its visa ban for expats working in certain sectors, with the ministry of manpower (labour) confirming that visas will no longer be renewed once their licence has expired.