UAE Takaful gross written contributions reach USD 1.2 billion
Almost 10% of the total gross written premiums in the UAE insurance business came from the Takaful sector's GWC...
Tag : United Arab Emirates
Has MENA’s fintech sector reached its saturation point? Experts reveal
Fintechs are discovering these niche markets with better products and doing it more quickly...
IMF loan not enough? Cash-strapped Egypt sells state assets to Gulf nations
The investments by Gulf states into Egypt last year helped to alleviate some of the immediate financing concerns that Egypt encountered, prior to securing further funds from the IMF...
Amid impressive network growth, Air Arabia witnesses record net profit
Air Arabia said their FY'22 net profit was AED 1.2 billion, up 70% from the previous year...
Mubadala, ACWA to launch Umm Al Quwain desalination plant in 2021
ACWA Power and Mubadala will each own 40% stake in the plant, while FEWA will own the remaining 20%...
China looking to expand its investment through participation in AIM
With $70 billion non-oil trade with the UAE by 2020...
DLD and Dubai Islamic Bank sign e-mortgage agreement to boost emirate’s real estate
Dubai Land Department (DLD) has signed an e-mortgage agreement with Dubai Islamic Bank (DIB), which was signed by His Excellency Juma Bin Humaidan, Deputy Director General of DLD, and His Excellency Mohammed Abdulla Al Nahdi, Deputy Chief Executive Officer of DIB...