Business Blog

Growth of takaful business is rebounding, fuelled by improved economic conditions across its core markets and increased underwriting needs from the broader Islamic banking sector, a study found.

GCC gross takaful contribution is estimated to reach around USD 8.9 billion in 2014 from an estimated USD 7.9 billion in 2013, according to EY's latest report, Global Takaful Insights 2014.

GCC gross takaful contribution is estimated to reach around USD 8.9 billion in 2014 from an estimated USD 7.9 billion in 2013, according to EY's latest report, Global Takaful Insights 2014.

From skateboarding to following the frankincense trail, Oman's Ministry of Tourism office in Australia has started wooing Australians with tailor-made packages to the Sultanate.

Muscat's latest entrant to the business luxury hotel segment, Hormuz Grand, formally opened its doors on Sunday.

The IPO will be for 50% of the shares of the sharia-compliant healthcare company which is 24% owned by Kuwait Investment Authority and 26% by Arabi Group which won the strategic investor's stake last year.