The Covid-19 pandemic that spread quickly around the world after emerging in the city of Wuhan in December 2019 has been hard for many and extremely tragic for some. There are currently over 26.5m cases worldwide and almost 900,000 people have succumbed to the virus. Unofficially both figures are expected to be much higher, with the lack of testing and diagnosis in some parts of the world preventing…
On the measures being implemented to diversify the bourse and improve the efficiency of services Bahrain Bourse recently established the Murabaha service based on sukuk (Islamic bonds), in collaboration with the Central Bank of Bahrain (CBB). To what extent will this collaboration facilitate sharia-compliant asset management going forwards? SHEIKH KHALIFA BIN EBRAHIM AL KHALIFA: We worked on the…
LANGUAGE: Modern Standard Arabic is used in schools, government offices and the media. In practice, Darja, the local Algerian dialect of Arabic, is more commonly used and varies from one region to another. French is frequently spoken in business, though this is less true outside Algeria’s main urban areas where Arabic or Tamazight are spoken in all aspects of daily life. English is becoming more…
As countries within the Gulf begin a gradual easing of Covid-19-related movement restrictions, the revival of the region’s aviation sector has come into focus. Effective recovery strategies will rely on reassuring passengers that sufficient health and the safety measures are in place. Reopening airlines According to the International Air Transport Association in an April briefing, air traffic…
…
One of the first countries in the region to register cases of Covid-19, Bahrain has harnessed digital solutions to implementa robust medical response to the pandemic. Stringent screening and testing procedures have been implementedsince the first local case wasreportedon February 21, which was followed bythe closure of all educational institutions four days later…
Two of the biggest trends in global insurance in recent years are premium growth in emerging markets and the rising importance of technology across the supply chain. The latter has come to be referred to as insurtech, a potentially disruptive trend that heralds both threats to and opportunities for incumbents and newcomers alike. While technological solutions are being applied along the length…
…
