Business Blog

The UAE market regulator has cleared the purchase of a combined 60.53 per cent stake in Abu Dhabi-based National Takaful Co by Al Madina Takaful Co and a subsidiary of MB Holding Co.

Al Madina Insurance Company SAOG, the first Takaful provider in Oman, received approval from Securities and Commodities Authority, Abu Dhabi to buy 9.53 per cent shares of National Takaful Company (Watania).

They have stood quietly among us for centuries, often unnoticed. But now, some of England's historic statues have been given a voice.

Just outside Kiev, there is a neighborhood more like Beverly Hills than central Ukraine. It is from here, among the mansions that rose when the Soviet Union fell, that Ukraine's millionaires are funding the war.

CIMB Islamic, the sharia compliant unit of Malaysia's second largest bank, is preparing an Islamic bond programme to raise up to 5 billion Malaysian ringgit (USD 1.58 billion), according to ratings agency MARC.

CIMB Islamic, the sharia compliant unit of Malaysia's second largest bank, is preparing an Islamic bond programme to raise up to 5 billion Malaysian ringgit (USD 1.58 billion), according to ratings agency MARC.