Sector: Insurance

Talent drought in war for Islamic banking dominance

Islamic finance is already hot, and it looks set to reach boiling point, with the Middle East emerging as one of the major players. But a lack of talent could threaten future growth. In its report ‘Oiling a virtuous banking cycle’, Goldman Sachs predicts that total Islamic banking assets in the UAE will reach $87bn [...]

By Paul Clarke, 25 April 2008 • 0 comments

Gulf is itching for insurers

Insurance is booming in the Gulf, particularly in Dubai and Saudi Arabia. And without enough qualified staff to go around, poaching and salary inflation are rife. Magib Bahous, group vice-president at Saudi insurance firm Arab Commercial Enterprise, says: “We’re in a situation where everybody needs qualified staff in order take hold of new business opportunities [...]

By Paul Clarke, 13 November 2007 • 1 comment
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