National Takaful Company (Watania) PJSC (WATANIA.AD)

Dubai International Financial Centre reaffirms status as pivotal InsurTech hub 

InsurTech market revenue growing at a rate of 16 per cent globally as disruptive technology transforms the market

A.M. Best Revises Issuer Credit Rating Outlook to Stable for National Takaful Company (Watania) PJSC

The outlook of the FSR remains stable.

Abu Dhabi National Takaful Co. PSC Announced its Strongest Annual Financial Results with a Combined Net Profit of AED 64.6 Million and AED 20 Million in Dividends for 2017

Abu Dhabi National Takaful Co. reinforces its industry leadership by receiving the Award of Best Takaful Provider at the Islamic Finance News Awards 2018

This prestigious award was given in recognition of significant contributions and excellent services rendered to the Islamic Finance industry.

Developing Sustainable Competitive Strategy paramount tolong-term growth for Takaful operators

Exclusive Leaders' Perspective Panel at the 13th World Takaful Conference to focus on the need for Takaful operators to revamp current strategies with the aim of increasing dwindling profit margins.

Frustrated Lebanese depositors turn rage on crisis-hit banks

Lebanon's financial crisis and dollar shortage have prompted commercial banks to impose strict caps on withdrawing dollars

Lebanese bank regulator seeks details of transfers to Switzerland-circular

The circular, dated January 14, does not ask the banks for the names of customers who made the transfers.

Lebanon central bank asked banks to review transfers by politically exposed people-circular

The circular asked the banks to comply by January 31.

Lebanon's Blom Bank increases capital by 10%

The increase is equivalent to $261.94mln and will be made through cash contributions to capital

Euro zone banks earn more from lending despite moans over negative rates

The ECB cut its deposit rate to minus 0.5% in September but has long argued that banks are net beneficiaries of its super-easy policy

Saudi CMA approves Tihama's capital hike request

The increase will be limited to the shareholders who are registered in the shareholders' registry at the Security Depository Center

Shares set fresh records, lifted by U.S. housing data

Optimism over corporate earnings and indications of resilience in China’s economy also lifted equities and pushed government debt yields higher

Oil steadies as Chinese economy offsets trade optimism

Brent crude futures rose 23 cents to settle at $64.85 a barrel

Lebanon's bonds slump on bond swap worries

The troubled country's March 2020 issue shed 5.8 cents to 82 cents in the dollar,

Beirut reference rate lowered -Lebanon banking association

The rate was 10.39% for dollars and 13.49% for Lebanese pounds in December 2019