Wednesday 6 November 2024
 
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ERM

Oman picks Nasdaq BWise ERM solution

Oman’s State General Reserve Fund (SGRF), the largest sovereign wealth fund in the Sultanate, has selected Nasdaq BWise, a global leader in enterprise solutions, to support its enterprise risk management (ERM) processes. SGR

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Insurers see need to improve risk management

Forty-one per cent of insurance companies in Saudi Arabia and the UAE believe there is a need to improve their overall risk management framework, according to a new study. Due to increasing regulatory requirements, risk management

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79pc of Islamic finance firms set up risk units

Although the practice of Enterprise Risk Management (ERM) is relatively new in the Islamic Finance sector, 79 per cent of the institutions have established a risk department in the last five years, a report said. “Greater pressure has been

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Egypt IT spending to hit $1.9bn by 2013

IT spending in Egypt is projected to reach a record $1.9 billion by 2013, reflecting a significant jump from its 2008 levels at $1.2 billion, according to a recent report. The statistics were released by Business Monitor International (BMI

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