takaful firms, 2 reinsurance firms, 1 retrocessional firm, and 1 captive. The overseas firms consisted [...] Bahrain’s insurance industry grew by 3.1 per cent in the first half of 2023, with general insurance [...] (conventional and takaful) reached BD151.49 million in H1-2023 up from BD 146.86m in the same period of 2022
(CAGR) of 5.5% in new wealth, rising from $1 trillion to $1.3 trillion from 2022 to 2027, according to [...] growing at a rate of 6.5% per annum from 2017 to reach $1 trillion in 2022, the UAE's trajectory signals the [...] 2027. Furthermore, individuals with wealth between $1 million and $20 million held 32% of the UAE's wealth
expected to grow 4.9 per cent every year reaching $89.1 billion by 2027, according to a new report by Boston [...] approach to economic growth. “Bahrain represents 1pc of the region’s financial wealth in 2022. Growing [...] reached $70.2 billion in 2022, with a projection of $89.1 billion in 2027. This speaks volumes about the
Chinese-owned enterprises to 8,265. A total of 1,044 Bangladeshi enterprises also joined during the [...] -than-30-000-new-businesses-started-in-dubai-in-h1-2023-fm0luisu
to see its financial wealth rise from $1.1 trillion in 2022 to $1.3 trillion in 2027. The BCG report [...] wealth in the UAE is forecasted to rise from $1 trillion to $1.3 trillion in five years, experiencing a Compound [...] growing at a rate of 6.5% per annum from 2017 to reach $1 trillion in 2022, the UAE’s trajectory signals the
IPOs, down 4% YoY, in the first six months of 2023 (H1). All the IPOs were in the GCC with total proceeds [...] region continued to gather momentum with a total of $1.8 billion in proceeds from 13 IPOs in Q2 2023, EY [...] ies/mena-ipo-activity-23-listings-registered-in-h1-saudi-uae-to-lead-market-in-h2-hc4l5461
The world must add an average of 1,000 gigawatts (GW) of renewable power capacity annually by 2030 and [...] use of renewables in end-use sectors to keep the 1.5°C climate target within reach, the International [...] the way forward to immediately course correct the 1.5°C climate pathway. The agency called for
benchmark All Share Index posted 1.8 per cent growth during July 2023 to close at 1,992.41 points, bouncing back [...] Moreover, the financials index registered a 1.9pc gain to close the month at 7,105.3 points. [...] National Hotels Group logging upticks of 8.6pc and 7.1pc, respectively. Among decliners, Ithmaar Holding
Dubai Investments, a leading diversified investment company in the UAE, has announced a 59% increase in its net profit for the first six months which soared to AED580 million ($158 million) from AED36