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UAE insurance sector witnessed expansion in 2022: CBUAE
Abu Dhabi, UAE--The insurance sector in the UAE witnessed growth and expansion across various key indicators during 2022, according to a report by the Central Bank of the UAE, reflecting a strong, dynamic, and active market driven by increasing demand and effective risk management. According to the apex bank's annual...
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UAE warns of visa ban over job loss insurance fines
ABU DHABI, UAE - Some employees who failed to meet an October 1 deadline to sign up to the UAE's job loss insurance scheme will not be able to renew work visas until they pay off fines, authorities said on Wednesday. The Ministry of Human Resources and Emiratization said financial... -
Taaleem nine-month revenue up 30.3%
The revenue for the period ended May 2023 reached $193m. -
ADNIC 9M net profit $72m
Net investment and other income reached AED93.8m. -
Taaleem to raise US$204.21 million in IPO
Dubai school operator plans to expand its network. -
GIG H1 net profit $48.9 million
Improvement in underwriting and investment push profits up. -
Emirates receives its 123rd, and final, Airbus A380 superjumbo jet
Emirates today received delivery of its 123rd Airbus A380 superjumbo jet. The aircraft, registered as A6-EVS, is also the final new A380 aircraft to join Emirates’ fleet. Emirates said it was the first airline to announce an order for the A380 at the 2000 Farnborough Air Show, when the aircraft... -
ADNIC nine-month profit at $90m
Its profit in the first nine months last year was $77 million. -
QLM’s net profit in Q3 $20.4 million
Gross written premium as of Sept. 30 was QAR 750 million.