In the current environment of global credit freeze and at a time when listed firms in the Gulf have been struggling to attract capital, regional issuers have surprisingly shown an increasing level of transparency, according to the latest GCC transparency rankings. The BASIC (Behavioral Assessment Score for Investors and Corporations) index developed by The National Investor (TNI) of Abu Dhabi in partnership with Hawkamah Institute for Corporate Governance, Dubai, improved by 8.3% since 2008 - an indication of the rapid progress made by regionally listed companies in improving transparency and disclosure.

Majed Akel, General Manager of General Takaful Co. spoke about the reasons why most financial institutions and banks are opening Takaful subsidiaries. Akel also spoke the future of his company’s business in the Kingdom of Saudi Arabia, Jordan and Lebanon. Then he shed some light on the future prospects of his company.

Khaled K. Abu Nahel, Chief Operating Officer–Non Life operations was one of the prominent speakers at "The 4th Damascus insurance Forum". He spoke in technical details about the state of the insurance industry and how it will be affected by the global economic crisis and its impact on the insurance industry in the Arab world.

Takaful International Company concluded its second Ramadan sports club session at Manama Sports Club lounge in Jufair under the auspices of Younis Jamal, Chief Executive of Takaful International Company. At the end of this session, the two sports clubs were declared as winners. In addition, Younis Jamal was honored by the Organizing Committee for his dedication to the success of this session

We use cookies

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.