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- Aramco, China's BYD collaborate on new energy vehicle technologies
- Saudi Arabia to drive Islamic finance growth in 2025, S&P says
- China warns countries against striking trade deals with US at its expense
- Oil Updates - crude falls as concerns about demand amid US tariff upheaval return
- AlRayan Bank launches Self-Service Digital Zone
- QIIB announces 15 winners of 'Joud' savings account quarterly & monthly prize draws for March
- EU Says Ready to Resume Free Trade Talks with Gulf
- Saudi Arabia awards record $148bn project contracts in 2024
- Ajman Bank posts Dh145 Million profit before tax in Q1 2025, reflecting 24% growth
- UAE's foreign trade surges 49pc to $1.4 trillion in 2024
11/09/2010 00:00 AST
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 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 Takafuls "takaful fund", poor investment results for both members and shareholders, and diminished business growth under very difficult economic and competitive conditions," said Standard & Poors Credit Analyst Wolfgang Rief. "It also reflects our uncertainties about managements expectations and measures to restore profitability and return to growth."
Al Watan
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
15/09/2010
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 wi
CPIFINANCIAL
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| BUPAARABIA | 168.60 | -0.40 (-0.24 |
| TAWUNIYA | 137.60 | 0.60 (0.43 |
| ALRAJHITAKAFUL | 133.60 | -0.20 (-0.15 |
| RASAN | 85.50 | 1.80 (2.15 |
| QATI | 1.82 | -0.03 (-1.63 |
21/04/2025
Saudi energy major Aramco and Chinese electric vehicle manufacturer BYD have signed a joint development agreement to explore advancements in new energy vehicle technologies.
The partnership
Arab News
21/04/2025
As part of its ongoing transformation journey, AlRayan Bank has officially launched the first-of-its-kind standalone Self-Service Digital Zone (ALRAYAN GO Kiosk) in the State of Qatar. This innovativ
The Peninsula
21/04/2025
QIIB has announced the names of 15 winners of the March 2025 'Joud' savings account prize draw, which included five quarterly winners-each receiving a prize of QR50,000-and 10 monthly winners, who we
The Peninsula
21/04/2025
Ajman Bank has posted a profit before tax of Dh145 million in Q1 2025, reflecting a 24 per cent increase.
The bank reported the net operating income of Dh199 million, up by 2 per cent for Q
Khaleej Times
20/04/2025
China's privately controlled ENN Natural Gas and state-run Zhenhua Oil have each signed a term deal to buy liquefied natural gas from Abu Dhabi National Oil Company (ADNOC).
ENN Natural Gas
Asharq Al Awsat
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia