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    Demand for UAE Islamic savings products to grow

    People over the age of 65 in 2005 represented only 1.1 percent of the total UAE population. That age group is expected to grow to 26.4 percent by 2050, according to the United Nations Department of Economic and Social Affairs, with similar trends forecast for other Gulf countries.

    September 2, 2012 4:01
  • Bahrain Takaful Islamic Insurance

    Bahrain’s Takaful growth drops to single digits

    Bahrain has been a major hub for Islamic finance in the Gulf region, but in recent years that role has been challenged by other financial centres such as Dubai and Doha.

    September 2, 2012 3:58
  • Fugitive U.S. businessman deported to UAE from Yemen

    Fugitive U.S. businessman deported to UAE from Yemen

    "Zack Shahin has been deported to the UAE at the request of the UAE government," said the security official, who asked not to be named under briefing rules.

    September 2, 2012 1:02