Takaful Still Growing By 23% Says Latest Figures
Latest comparative figures for Takaful, collated by the World Islamic Insurance Directory (WIID) released at the…
Presidential Candidates appeal the Election Commission Decision
Three of Egypt's main presidential candidates have filed appeals after the election commission barred them…
Insurance Federation Discusses Fraud Policies
Insurance Federation of Egypt (IFE) is holding today a symposium to discuss and display the modern technologies to…
US-Backed Kim To Head World Bank
The World Bank on Monday chose Korean-born American health expert Jim Yong Kim as its new president, maintaining…
E&Y Says Takaful Premium Surged 19% In 2010
Global Islamic insurance contributions rose 19% in 2010 to $8.3 billion helped by Saudi Arabia, the world’s…
French BPCE To Buy 5% Stake In Morocco’s BCP
French cooperative bank BPCE will buy a 5 percent stake in Morocco's third-biggest lender Banque Centrale Populaire…
Kuwait’s Burgan Bank Lends UASC US$ 150 Mln
Kuwaiti Burgan Bank announced that the bank's Corporate Banking Group has successfully completed a finance deal…
Revenues Lead Nakheel’s profits to Rise
Nakheel made a full-year net profit of Dh1.3 billion in 2011, 33 % up on the previous year, the company said on…
Fuel Price may Push MENA Airlines To Post More Losses
Middle East carriers could post financial losses over the coming 12 months, despite appearing to have weathered the…
Value of Real estate transactions rise in Lebanon
According to report by Credit Libanais Bank, the number of real estate transactions in Lebanon has declined by…