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- Oil Updates - crude edges up on potential US tariff exemptions on cars
- Saudi inflation holds at 2.3% in March amid rising housing and food prices
- Saudi real estate prices rise 4.3% in Q1 on residential sector gains: GASTAT
- Dukhan Bank launches new House Finance campaign
- Doha Bank partners with Ox Fitness Lab
- Oman targets 5,380 jobs for citizens in key sectors in 2025
- Dhofar unveils key projects to boost tourism, economy
- QSE index closes 0.28 percent higher
- QNB announces share buyback extension
- Investment in Oman's zones surges 10% to RO21bn
15/09/2010 00:00 AST
Standard & Poor's Ratings Services said that its 'BBB-' counterparty credit and insurer financial strength ratings on Kuwait-based First Takaful Insurance Co. (First Takaful) remain on CreditWatch with negative implications, where they were placed on May 12, 2010.
"The rating action mainly reflects our continued view of the deteriorating underwriting performance of First Takaful's "Takaful fund", poor investment results for both members and shareholders, and diminished business growth under very difficult economic and competitive conditions," said Standard & Poor's Credit Analyst Wolfgang Rief. "It also reflects our uncertainties about management's expectations and measures to restore profitability and return to growth."
CPIFINANCIAL
28/03/2014
Kuwait-based Capital Standards Rating (CSR) has upgraded First Takaful Insurance Company's (FTIC) Insurer's Financial Strength Rating (IFSR) to 'BB' and national rating to 'BBBkw'. The outlook for th
CPI Financial
08/10/2010
Standard & Poor's Ratings Services said today it lowered its counterparty credit and insurer financial strength ratings on Kuwait-based First Takaful Insurance Co. to 'BB+' from 'BBB-'.
A
Business Intelligence
11/09/2010
Standard & Poors Ratings Services said on Thursday that its BBB- counterparty credit and insurer financial strength ratings on Kuwait-based First Takaful Insurance Company (First Takaful) remain on C
Al Watan
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| BUPAARABIA | 173.40 | 1.40 (0.81 |
| TAWUNIYA | 137.20 | -0.40 (-0.30 |
| ALRAJHITAKAFUL | 136.80 | 0.40 (0.29 |
| QATI | 1.89 | 0.00 (0.00 |
| RASAN | 84.00 | 5.00 (6.32 |
15/04/2025
Dukhan Bank, Qatar's leading provider of Sharia-compliant financial solutions, has launched a new House Finance campaign offering customers exclusive benefits, including a competitive profit rate as
The Peninsula
15/04/2025
Doha Bank, one of Qatar's leading financial institutions, has announced an exclusive partnership with Ox Fitness Lab, to provide its premium credit card customers with complimentary access to a growi
The Peninsula
15/04/2025
Qatar National Bank (QNB) announced Monday it had received approval from Qatar Financial Markets Authority (QFMA) to extend its share buyback for another year or until the completion of the approved
QNA
15/04/2025
Burgan Bank has released its sixth annual Sustainability Report, marking a major milestone in its ESG journey and reinforcing its excellence in sustainable financial practices. As the first bank in K
Kuwait Times
15/04/2025
As part of its continued commitment to promoting innovation and creativity among its employees, Gulf Bank has introduced the third edition of the Fekrety Innovation Competition for 2025. The competit
Kuwait Times
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