High Growth in Takaful Market 2019-2025
The global takaful market reached US$ 20 Billion in 2019. The market is further projected to exceed US$ 45 Billion…
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Surveys suggest 68% of high net-worth investors will own cryptos by 2022
The current crypto narrative for success holds as a primary principle the fact that demand for cryptos will ignite when…
TPG agrees to manage Abraaj’s $1bn healthcare fund despite fraud cases
US private equity group TPG has agreed to manage Abraaj’s $1bn healthcare fund despite criminal fraud cases against the collapsed…
Australia's Macquarie downsizes in the Gulf: sources
Macquarie Group is scaling back in the Middle East by downsizing its operations in the United Arab Emirates (UAE), three…
wasl says The Nook has received a strong response from local investors
Dubai-based wasl properties (wasl), a subsidiary of wasl Asset Management Group, has said that it has received a strong response…
QIB launches new takaful cover for low-income workers
QIB has launched an “affordable” takaful product for low-income workers called ‘Family Sheild — WPS’, underwritten by Daman Islamic Insurance…
Al-Ahli Bank of Kuwait wins ‘Bank of the Year’ award, ‘Special CSR Award’
Al-Ahli Bank of Kuwait has announced yesterday that it won the ‘Bank of the Year’ award from Arabian Business magazine…
Bahrain receives first instalment of Gulf aid, expects deficits to fall
Bahrain said it received $2.3 billion last year and is expecting another $2.28 billion in 2019 under an agreement with…
Huge Growth of Middle East Consumer Banking Market to 2025
Consumer banking is the typical mass-market banking in which individual customers use local branches of larger commercial banks. Services offered…
Emirates NBD Dubai Economy Tracker
Overall business conditions in Dubai’s non-oil private sector economy improved at the fastest rate in over four years in April.…
Private sector 'will benefit from implementing SDGs'
The private sector will be the first beneficiary of adopting sustainable development goals, stressed Dr Khaled Al Ghazzawi chief executive…
Bank workers who survive robot uprising stand to make more money
If you're lucky enough to survive banks' coming robot apocalypse, you can expect a raise. While the headcount for…