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Arab Monetary Fund sees growth potential in Takaful market

ABU DHABI: The Arab Monetary Fund (AMF) has reported that the Takaful sector, a Sharia-compliant form of insurance, remains a small player within Islamic finance, accounting for less than 2 percent of the total market. Despite this, the global Takaful…

Iranian President arrives on 3 day visit to Pakistan

Iranian President Ebrahim Raisi along with a high level delegation arrived in Islamabad on Monday on a three-day visit to Pakistan.

According to the Pakistan Foreign Office, a round of delegation level talks between the two countries will be held.

F…

Hong Kong wins a record-breaking number of awards in Geneva

GENEVA: The Hong Kong delegation has achieved a notable feat at the 49th International Exhibition of Inventions of Geneva, held from April 17 to 21. Comprising approximately 700 representatives from diverse organisations, the delegation garnered an un…

Erdogan Arrives In Baghdad

Turkish President Recep Tayyip Erdogan arrived in Baghdad at the head of a large official delegation.

Erdogan is scheduled to meet with the President of the Republic, Abdul Latif Jamal Rashid and the Prime Minister, and Muhammad Shiaa Al-Sudani, and …

CBK: USD drops to KD 0.307

The exchange rate of the US dollar on Monday dropped 0.03 percent against the Kuwaiti dinar trading at KD 0.307 and the euro firmed at the level of KD 0.328 compared to Sunday’s rates, the Central Bank of Kuwait (CBK) said.

The CBK reported, in its d…

Shanghai Ocean University debuts manta ray-shaped bionic fish

SHANGHAI: Shanghai Ocean University unveiled an intelligent soft-bodied bionic fish in the shape of a manta ray, named Wen Yao, on Saturday after over 10 years of research and development.

According to China Daily, the bionic fish, with a wingspan me…

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