Tuesday 12 December 2017

Solidarity General Takaful, Al Ahlia Insurance merger complete

Solidarity Group Holding, the largest Takaful Group in the world, has announced the successful completion of the merger between its two Bahrain based subsidiaries Solidarity General Takaful and Al Ahlia Insurance Company.   The merged entity, which is set to be


Boursa Kuwait hosts Market Maker workshop

Boursa Kuwait recently hosted its first Market Maker Workshop in collaboration with global management consulting firm Oliver Wyman. Held at Boursa Kuwait’s premises, the half-day workshop saw Oliver Wyman presenting an overview of market making, its benefits and key conside


Emirates NBD wins top global awards

Emirates NBD, a leading bank in the region, has won two major international awards for its outstanding performance and enhanced banking proposition in 2017.  The bank was awarded ‘Best Private Wealth Bank in the UAE’ at The Asian Banker Private Wealth Awards 2017


AGDM, Daman partner for fintech in insurance

Abu Dhabi Global Market (ADGM) has partnered with National Health Insurance Company – Daman (Daman), to seek opportunities for the growth of the insurance-related FinTech ecosystem (InsurTech) in Abu Dhabi and the UAE. The memorandum of understanding (MoU), which marked a n


Largest Islamic banking forum opens in Bahrain

The largest and most prestigious gathering of Islamic banking and finance leaders in the world will open today in Bahrain with the participation of over 1,300 global industry leaders, policy makers, innovators and stakeholders.   The 24th edition of the World Is


GCC economy to grow 2.5pc in 2018: Moody’s

The GCC region’s economy will grow near 2.5 per cent in 2018, according to new forecasts from Moody’s Analytics, a leading provider of economic forecasts and data. Stable energy prices will underpin this growth, with the price for Brent crude oil fluctuating in a tigh


S&P Global Ratings names ME regional head

S&P Global Ratings, a leading provider of credit ratings, has announced the appointment of Hadi Melki as managing director and regional head for its Middle East business. Melki joins S&P Global Ratings from Thomson Reuters, where he spent the last 20 years, culminating as


Mastercard expands career initiative programme

Mastercard, a leading technology company in the global payments industry, has rolled out an expanded second edition of its ‘Relaunch your Career’ initiative. ‘Relaunch your Career’ is a global initiative by Mastercard that enables experienced professionals


Tally offers VAT solutions to UAE firms

Tally Solutions, a leading international compliance software provider will offer insights, data alignment, efficiencies and transparency to enterprises in the UAE to comply with VAT regulations. Tally Solutions is well established in the region and is used by 40,000 satisfied cli


Kuwait non-oil GDP on track to hit 3.5pc in 2018

Kuwait’s growth in non-oil activity is expected to have improved to 3.0 per cent in 2017,with growth seen accelerating further to 3.5-4 per cent in 2018 and 2019, said the National Bank of Kuwait (NBK) in its latest Economic Update. The state’s economy continues to bo

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