GulfBase Live Support
Leave a message and our representative will contact you soon
07/02/2012 14:37 AST
Wethaq Takaful Insurance Company advised, on Tuesday, to ensure personal and business banking accounts against data loss due to increasing attacks of internet piracy.
Manager of the Reinsurance Department Al-Sadiq Al-Tawali told KUNA internet piracy is on the rise, recently, therefore it is very importance for clients to ensure the safety of personal accounts from any data loss.
The insurance industry has played a vital role in compensating and reviving companies and individuals from any loss of properties and finances, he added.
Therefore, banks should impose simple insurance fees on their clients as a precautionary measure from any attempt of penetrating banks' security systems.
He also urged investment companies and funds to be insured against piracy attacks as well.
Al-Tawali explained that what drew companies and individuals away from adopting insurance systems, is due to their reliance on the efficiency of their own internet protection programs.
However, he emphasized that since the internet is becoming an integrated part of our lives, not only on a personal level but also on a much wider international scope, therefore taking up such precautionary measures is a necessity as well.
KUNA
14/02/2015
Wethaq Takaful Insurance - Egypt is set to launch two real estate funds to pump investments up to 500 million Egyptian pounds ($65.5 million) within 2016, according to a report.
The funds
Trade Arabia
16/12/2010
Standard and Poor's Ratings Services said today it has revised the outlook on takaful player Wethaq Takaful Insurance Co. (Wethaq) to stable from negative. At the same time, we have affirmed the 'BB'
AME Info
28/05/2009
Standard and Poor's Ratings Services said today that it placed its 'BBB-' counterparty credit and insurer financial strength ratings on Kuwait-based Wethaq Takaful Insurance Co KSC (Closed) on Credit
Arab Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| BUPAARABIA | 144.00 | 0.20 (0.13 |
| TAWUNIYA | 119.30 | -2.40 (-1.98 |
| RASAN | 118.60 | 0.60 (0.50 |
| ALRAJHITAKAFUL | 86.90 | 0.55 (0.63 |
| QATI | 1.93 | 0.00 (0.00 |
20/01/2026
AD Ports Group has announced that it has signed an agreement with Nigeria's Federal Ministry of Marine and Blue Economy to explore cooperation in ports, logistics, maritime services and digital trade
Trade Arabia
20/01/2026
Bahrain Airport Services (BAS), the leading aviation service provider in the kingdom, said it has recently renewed major international accreditations, including the IATA Safety Audit for Ground Opera
Trade Arabia
20/01/2026
NMDC Group, an integrated energy, marine services and EPC major, said one of its key subsidiaries, NMDC Infra, has signed a strategic agreement to acquire 51% stake in Spanish group Lantania Aguas in
Trade Arabia
20/01/2026
Emirates NBD has issued Dh1 billion in 3-year fixed-rate Digitally Native Notes (DNNs). This marks the first AED-denominated digital bond and the largest public digital bond in MENA, listed on Nasdaq
Gulfnews
20/01/2026
Global technology group e& and IBM today announced a strategic collaboration to advance towards an enterprise-grade agentic AI foundation at e&, starting with policy, risk, and compliance.
Trade Arabia