Business Blog

Goldilocks raised its stake from 9.9% via a share finance facility

(The following statement was released by the rating agency) Link to Fitch Ratings' Report(s): Saudi Arabian Insurance Sector: Tightening Regulation Incentivises M&A Activity https://www.fitchratings.com/site/re/10050471 Fitch Ratings-London-November...

The move would help London's insurance market to address a lack of capacity for takaful firms, which have their core markets in the Gulf and southeast Asia.

DUBAI ISLAMIC INSURANCE AND REINSURANCE CO AMAN.DU : * Q3 PROFIT ATTRIBUTABLE TO SHAREHOLDERS 1.3 MILLION DIRHAMS VERSUS 1.4 MILLION DIRHAMS YEAR AGO Source text for Eikon: ID:nDFA42RRDW Further company coverage: AMAN.DU...

QATAR ISLAMIC INSURANCE CO QIIC.QA : * EGM APPROVES BOARD'S RECOMMENDATION TO ESTABLISH REAL ESTATE COMPANY OWNED 100 PERCENT BY THE GROUP * EGM APPROVES BOARD'S RECOMMENDATION TO CHANGE NAME OF QATAR ISLAMIC INSURANCE COMPANY TO BE QATAR ISLAMIC...

Bahrain's Al Baraka Banking Group has launched a digital banking service in Germany