QIC Group reports QR12.2bn gross written premiums in 2020
Qatar Insurance Group’s, the leading insurer in the MENA region, gross written premiums for the year have remained stable at…
Hedge Funds & Alternative Investments
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Takaful market projected to grow $44bn by 2024
With growing number of companies entering into Takaful market, this industry is estimated to expand to $44bn in the next…
Report Highlights Silver Lining for GCC region in terms of Post Covid-19 recovery
Ento Capital has released their “GCC Pre & Post COVID-19 Market Analysis Report for Q4 2020”. The report highlights…
Qatar Chamber to host 1st virtual general assembly on February 15
Qatar Chamber will hold its general assembly meeting on Monday, February 15, via video conferencing, and will be presided over…
Saudi index hits more than 9,000 points for first time since 2019
Saudi Arabia’s stock market on Sunday crossed the 9,000 mark for the first time since July 2019. The benchmark…
Khalid Al-Khudair, secretary-general at Saudi Banks’ media and banking awareness committee
Khalid Al-Khudair is the newly appointed secretary-general of the media and banking awareness committee for Saudi Banks. He has…
Long-term lower revenues to strain GCC spending: IMF
GCC economic fundamentals are forecast to strengthen in 2021 on the back of a buoyancy in oil prices, but in…
UAE trust law creates ‘hugely important tool’ for wealth sector
The UAE Ministry of Finance said that its trusts law will help increase the “competitiveness” and “attractiveness” of the country’s…
UAE's Oman Insurance records its best net income in 5 years, at Dh196.5m
One of the UAE’s biggest names in its industry, Oman Insurance Co. improved on its net income, totaling Dh196.5 million…
Kuwait pension fund posts record asset gain but braces for volatility
Kuwait’s Public Institution for Social Security had its best performance ever in the first nine months of the fiscal year…
Tikehau Capital appoints Senior Advisor
Alternative asset management group Tikehau Capital has appointed Hassan Karimi as Senior Advisor in the Middle East Region. Based…
Saudi Arabia, Oman most exposed to diminishing fiscal uplift from SWF buffers
The impact of the coronavirus pandemic on oil demand and prices has increased gross funding requirements for sovereigns across the…