Tuesday 22 July 2014
 
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premium

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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Premium air travel up 8.6pc in Aug

The premium air travel -  business and first-class tickets- sector improved in August with a 8.6 per cent growth after months of sluggish expansion, partly due to the positive bias of Ramadan timing for the Middle Eastern airlines, said a r

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Ultra-low smartphone sales 'to hit 200m'

Ultra-low cost smartphone shipments are expected to reach almost 200 million units by 2018, compared to about 10 million in 2014, according to analysts Juniper Research. New ultra-low cost generation of smartphones is emerging, ca

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Plaza to open ‘Pay-in’ lounge at Bengaluru airport

Plaza Premium Lounge, an international ‘pay-in lounge,’ is set to open its services in the Bengaluru International Airport. The company will open two pay-in lounges and a day hotel at the airport, said a statement.

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Sluggish economy may hit GCC insurance growth

The growth of the insurance markets within GCC will continue in 2013, although at a reduced pace, as economic growth remains relatively modest this year, according to a new report. The report, titled “GCC Insurance Markets B

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