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- Southern Province, Yanbu Cement extend key merger talks
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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 | 178.00 | 2.20 (1.25 |
| TAWUNIYA | 153.80 | 4.00 (2.67 |
| ALRAJHITAKAFUL | 120.20 | -1.00 (-0.83 |
| RASAN | 84.50 | 0.60 (0.71 |
| QATI | 1.89 | 0.02 (1.06 |
25/06/2025
Southern Province Cement Company has announced that it has entered into a non-binding agreement with a leading Saudi cement group Yanbu to explore a potential merger.
The duo had an year ag
Trade Arabia
25/06/2025
Burgan Bank announced the appointment of Mohammed Al-Roomi as Deputy General Manager of Information and Cyber Security Management. This strategic appointment reflects the Bank's unwavering dedication
Kuwait Times
25/06/2025
In line with its commitment to enriching its customers' banking experience and providing the best innovative digital services that meet their needs, the National Bank of Kuwait announced the launch o
Kuwait Times
25/06/2025
Zain Omantel International (ZOI), the joint venture between Zain Group and Omantel, has earned four prestigious international awards - underscoring its position as a connectivity powerhouse in the re
Kuwait Times
25/06/2025
Al Mal Capital REIT, the first REIT listed on the Dubai Financial Market (DFM), on Tuesday announced a follow-on public offering (FPO) on its closed ended Real Estate Investment Trust (REIT).
Khaleej Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia