Wednesday 19 June 2013
 
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Deloitte

Global Takaful market to hit $20bn

The global Takaful business will reach $20 billion by 2017, said a report, adding that the GCC market contributes more than 62 per cent of the gross premiums and, led by Saudi Arabia, grew 17 per cent to $5.7 billion during 2010.

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Global Takaful market 'on track to hit $20bn'

The global Takaful business will reach $20 billion by 2017, said a report, adding that the GCC market contributes more than 62 per cent of the gross premiums and, led by Saudi Arabia, grew 17 per cent to $5.7 billion during 2010.

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Rising concerns over data risk for litigators

When a company’s management takes the serious decision to commission a forensic data collection, it usually involves sensitive and potentially risky circumstances such as fraud, litigation or a regulatory breach, a report said.

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Takaful industry 'will face big challenges'

The takaful insurance industry faces a number of major challenges as it grows both in the region and across the Islamic world and further afield, said a top official of the Central Bank of Bahrain (CBB). "Corporate governance

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Yemen cbank exceeds govt loans cap by $1.6bn

Yemen's central bank exceeded the legal limit on how much it may lend to the government by 347.9 billion rials ($1.6 billion) last year, its annual financial statement showed. The disclosure underlines the severe financial pre

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Deloitte releases tax handbook

Deloitte released its 2013 Annual Middle East Tax Handbook, highlighting the most current tax rules and regulations impacting the region, at a tax conference held recently. The two-day seventh annual regional Tax Conference, cover

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Regulations, lack of liquidity ‘hitting GCC IPOs’

Stricter regulatory scrutiny of companies with plans to list and a lack of liquidity in certain markets are the key factors responsible for the low volume of IPOs in the GCC in the last 12 months, experts said. Other issues hittin

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Challenges of delivering mega projects

With 2013 forecasted to be a year of optimism and opportunity for construction in the Middle East, all eyes are back on governments in the region and how they propose to manage their spending, according to a report. In a region where th

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Digital ad spend ‘will grow at 35pc in Mideast’

Digital advertising spend will grow at CAGR of 35 per cent in Middle East to reach 10 per cent of the total advertising spend by 2015 while mobile advertising gets split into tablet and smartphone categories, a report said. A reco

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GCC consulting market ‘on track to reach $2bn’

The combined GCC consulting market, which grew by 18 per cent between 2011 and 2012, is now worth just short of $1.9 billion and is set to reach $2 billion during the next 12 months, a report said. This follows strong growth in 20

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