Siraj Holding LLC, a private investment firm chaired by Mr. Ahmed Khalaf Al Otaiba, formally announces the acquisition of Al Hilal Takaful PSC from Al Hilal Bank, a wholly-owned subsidiary of Abu Dhabi Commercial Bank (ADCB). With this acquisition, Siraj Holding marks a new phase of operations for Al Hilal Takaful and establishing it as the premier provider of various Takaful solutions for individuals, employers, and government entities across the UAE. The acquisition is poised to strengthen the Shariah compliant Islamic insurance offerings with elevated services for clientele. The transaction was approved by the Shareholders, the Securities and Commodities Authority, … Continue reading Siraj Holding acquires Al Hilal Takaful PSC from Al Hilal Bank

Growing from one client to an online investment platform with a $1.5B annual turnover, the Monaco-based company sets sights on Dubai for further expansion After Privatam’s digital investment platform PARity transformed the company into one of the leading intermediaries of alternative investments in Europe and Latin America, the Monaco-based fintech came to Dubai this week as part of a world tour to showcase the technology that has quickly earned a reputation as the Netflix and Expedia of niche investments. The tremendous sophistication of MENA financial markets and Dubai’s importance as a regional financial and commercial hub are the driving forces … Continue reading Fintech Startup Privatam Unveils PARity 4.0, the “Netflix and Expedia” of Niche Investments