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UAE's Takaful insurance sector set for 20% growth in 2024Standard & Poor’s Credit Ratings Agency (S&P Global Ratings) today forecast that the Takaful sector in the UAE, the region's second-largest Takaful market, will grow by 15-20 percent in 2024. More… |
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Adopting sharia standard 62 may disrupt sukuk market, says S&PThe adoption of the new sharia standard 62 could disrupt the sukuk market as soon as next year, according to top ratings agency S&P Global. The Accounting and Auditing Organization for Islamic Financial Ins More… |
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Adopting sharia standard 62 may disrupt sukuk market, says S&PThe adoption of the new sharia standard 62 could disrupt the sukuk market as soon as next year, according to top ratings agency S&P Global. The Accounting and Auditing Organization for Islamic Financial Ins More… |
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Adopting sharia standard 62 may disrupt sukuk market, says S&PThe adoption of the new sharia standard 62 could disrupt the sukuk market as soon as next year, according to top ratings agency S&P Global. The Accounting and Auditing Organization for Islamic Financial Ins More… |
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Property shortage to fuel growth for Saudi developers, says S&PReal estate developers in Saudi Arabia are set to benefit from strong demand for properties, underpinned by the population growth and home-ownership targets under the government's Vision 2030 programme, according to a report by S&P Glo More… |
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'Private sector, banks to find funds' to make Saudi Vision workSaudi Vision 2030, which will require around $1 trillion in investments over several years, will inevitably increase leverage in the Saudi private sector and the broader economy, albeit from low levels, according to S&P Global Ratings. More… |
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'Private sector, banks to find funds' to make Saudi Vision workSaudi Vision 2030, which will require around $1 trillion in investments over several years, will inevitably increase leverage in the Saudi private sector and the broader economy, albeit from low levels, according to S&P Global Ratings. More… |
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Saudi banks funding profiles changing: S&PSaudi banks' funding profiles are changing amid a rapid expansion in lending, notably driven by new mortgages and underpinned by a state-backed push to increase home ownership, S&P Global Ratings said in a report. More… |
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GCC insurers’ top-line growth to be 5pc-15pc in 2024: S&PS&P Global Ratings expects GCC insurers' top-line growth to range between 5% and 15% in 2024, with Saudi insurers likely to expand at the fastest pace. The top-line growth of insurers in Gulf Cooperatio More… |
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Rated GCC telcos reinvent themselves as techcos: S&PRated Gulf Cooperation Council (GCC) telcos are looking for new ways to expand their businesses and diversify revenue streams, says S&P Global Ratings. This is because the GCC region's mature telecom ma More… |
