Thursday 30 October 2014
 
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Global air traffic grows 4.5pc in August

International premium and economy air passenger numbers grew at the same rate of 4.5 per cent  in August compared to a year ago, up on the July growth of 2.6 per cent. The strong expansion in passenger numbers between August

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Takaful premiums post 7pc growth in Bahrain

Increasing demand for Sharia-compliant insurance in Bahrain has led to takaful premiums growing more than seven per cent last year, it has emerged. According to Central Bank of Bahrain (CBB) executive director of financial institu

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SNIC premiums register 23pc growth

Bahrain-based Saudi National Insurance Company (SNIC) has reported a growth of 23 per cent in gross written premium at BD11.2 million ($29.70 million) for the first six months of the year when compared with BD9.1 million ($24.1 million) for the

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Bahrain insurance premiums grow 8pc

Bahrain insurance market has posted a gross premium increase of eight per cent to register BD258.41 million ($681.7 million) last year, compared to the previous year, according to the Central Bank of Bahrain.

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Gulf premium may vanish as views of region shift

Long a key feature of the Middle Eastern bond market, the "Gulf premium" is fading and may vanish entirely as soon as this year if the region continues to gain ground as a mainstream investment destination. The premium i

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Only 45pc Saudi vehicles insured due to premium rise

Only 45 percent of vehicles on Saudi Arabia’s roads are insured, owing to a four-fold rise in premiums, said a report.   An official of Najm Company that deals with road accident cases in the country on beh

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Al khaliji launches ‘Premium Banking’ in UAE

Al Khaliji France, a wholly-owned subsidiary of Qatar-based Al Khalij Commercial Bank, has launched its ‘Premium Banking’ service to premium customers in the UAE.   Al khaliji France’s Premium B

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Premium air travel up 6.1pc in January

Global premium passenger numbers rose 6.1 per cent in January, a strong result compared to the 2013 growth of 4.2 per cent, a report said. Growth in premium travel has been supported by positive developments in the business enviro

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Premium passenger numbers post solid growth

The number of passengers travelling in premium seats on international markets expanded by a solid 4.2 per cent in 2013 compared to 2012, while economy international travel expanded 3.5pc in 2013, a significant slowdown on 2012 when growth was 5.

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Bahrain insurance premiums up 9pc

The Bahrain insurance market has posted an annual growth of nine per cent in 2012 to register gross premium/contributions of BD239.05 million ($633.7 million), said the Central Bank of Bahrain in a report. A significant part of th

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