Ritika Sharma / Emirates Business The Islamic insurance industry is facing an uphill climb against severe competitive pressures with an added headwind coming from macroeconomic challenges, according to the Finance Forward Takaful Outlook Report 2016. However, the forecast is brighter with Takaful growing faster than the broader insurance market. This report will be discussed during the upcoming annual World Takaful ...

Emirates Business New archaeological excavations on Marawah Island have uncovered the earliest known inhabitants of the Emirate of Abu Dhabi providing a unique insight into life during the Late Stone Age in Abu Dhabi’s western region. A programme of archaeological surveys carried out by Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) since 2012 has identified more than 20 ...

Bloomberg Technology entrepreneur Karim Brahiti sees opportunities springing from the biggest threat Algeria’s economy has faced in decades. “The plunge in oil prices is a necessary evil that will force us to get out of our comfort zone and find alternatives,” said the 36-year-old Brahiti, now investing back home after years spent scouring for contracts in sub-Saharan Africa countries. “The ...