All UAE articles – Page 2
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NewsDubai’s DIFC records best performance in 2020, with fintech presence doubling
The Dubai International Financial Centre has just turned its best annual performance ever, with a 20 per cent increase in the number of licensed firms to total 2,919 companies.
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NewsUAE’s Oman Insurance records its best net income in 5 years, at Dh196.5m
For OIC, a focus on “risks having the right pricing” and “non-compromise” on cash collection paid off. Another gain was made on cost control, with general and admin expenses dropping Dh8 million to Dh282.8 million.
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NewsDubai Insurance Co. has numbers to back its return to growth
Its general insurance lines could see gains from an upcoming economy upturn
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NewsPandemic’s second wave threatens to derail Dubai’s tourism surge
Dubai, one of the few destinations open to international travellers since July, has yet to impose the toughest restrictions after record daily infections in the UAE, in the hope that vaccinations will spare a repeat of last year’s lockdown.
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NewsMore UAE employees want ‘comprehensive’ insurance cover for mental health
“COVID shifted the focus of the individual, and employers need to face up to that when designing their health benefits,” said David Healy, CEO EMEA at Aetna International.
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NewsCommission cuts are too hard to absorb for UAE’s insurance brokers
This might be good for the insured person and beneficiaries, but could force most brokers to go out of business.
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NewsBreakthrough reached in Gulf dispute with Qatar
The development is the latest in a series of Middle East deals sought by Washington - the others involving Israel and Arab states - aimed at building a united front against Iran.
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NewsUAE’s new foreign ownership law has what it takes to drive new business, investments
Changes to Commercial Companies Law can also lift stock markets with 70% rule
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NewsNew digital car insurance in the UAE rewards motorists for driving safely
UAE drivers can now win rewards such as free meals, discounted hotel stays and gym membership for driving safetly.
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NewsNearly 70% of UAE drivers clueless about even basic motor insurance terms, says AXA survey
UAE drivers may know everything about their cars and car brands, but when it comes to motor insurance, the ride turns a lot less smooth.
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NewsNational Health Insurance Company, Daman’s Hamad Al Mehyas elevated to CEO
The National Health Insurance Company, Daman’s board of directors has announced the confirmation of Hamad Al Mehyas as the company’s Chief Executive Officer
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FeaturesDIFC position as the region’s reinsurance sector hub reconfirmed
The sector grew by 17.4% in 2019, representing the highest volume of premiums ever written in the market, further reinforcing the Centre’s position as the leading reinsurance hub in the region.
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