Compagnie Financiere Tradition ("Tradition") has today announced its acquisition of OM Wholesale Ltd ("OMW")

Takaful - the Islamic alternative to conventional insurance - represents a radical new insurance business model that is firing a potentially very big emerging market in the MEA. Now in it's third year, the Middle East and Africa Insurance Summit,

The market in January was quite weak, with the Egypt crisis and the rising food inflation majorly contributing to it. In spite of this, the world's economy is already on its way to recovery and improvement.