Islamic insurance market has ‘untapped potential’ despite global growth, says report
The gross takaful contribution of the Gulf Cooperation Council countries alone is estimated to reach around $8.9bn this year, from…
Insurance
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Friends Provident International strengthens Middle East and Africa sales team
Friends Provident International has announced several new appointments which will strengthen its Middle East and Africa sales team significantly. Dean…
EY: GCC’s gross takaful contribution to reach around $8.9bn in 2014
A new report by EY showed that GCC’s gross takaful contribution is estimated to reach around $8.9bn in 2014 from…
Middle East Takaful Forum to be held in October
The two day event, held under the theme "Building Scale: Adapting to a Changing Market for Islamic Cooperative Insurance in…
Things can change quickly in Turkey
The international and Turkish banking and insurance sectors have been in major transition and growth in recent years. Gone…
Oman offers takaful operators strong first mover advantage
Oman and Turkey are new entrants to the takaful industry, offering strong first mover advantage to takaful operators, Whereas…
Flourishing Saudi economy driving Tadawul performance
It is important to highlight that the surge in optimism fueling the current rise of Tadawul All-Share Index (TASI) is…
Dubai financial firm to hire 300
Dubai-based Compass Financial Solutions, which provides wealth management solutions and insurance services, aims to triple its workforce in the UAE…
Noor Bank appoints Head of Group Strategy and Projects
Noor Bank has announced the appointment of Rajesh Sethi as Head of Group Strategy and Projects. Rajesh is responsible for…
Beltone manages EGP100m Misr Insurance investment fund
Asset management company Beltone Financial will be managing a EGP 100m investment fund for Misr Insurance Holding Company, state-run…
Takaful reports Q2 net profits
Takaful Emarat Insurance reported on Tuesday net profits of Dh1.08 million for the second quarter of this year, marking an…
International General Insurance announces net profits of USD18.5m for 1st half, 2014.
International General Insurance Holdings Limited has reported earnings for the 1st half, 2014 financial year. The Group announced net…