This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services cloud infrastructure in the GCC.

Search Site

AD Ports Group 2024 net profit $484m

The Group's revenue increased 48 percent year-on-year.

TAQA net income $1.93bn in 2024

The company's revenues increased 6.7 percent year-on-year.

ADNOC L&S 2024 net profit $756m

The company's revenue increased by 29 percent to $3.54 billion.

ADNOC Distribution 2024 net profit down 7%

Minus UAE corporate tax, it would have grown by 2.4% to $725m

Maaden raises $1.25bn in sukuk offering

The Sukuk were offered in a five-year and a 10-year tranche.

Oman Insurance relocates employees to new head office

    • The office equipped with hot-desking that will enable work from home

    • Digitalization will enhance interaction, communication between the teams

    Oman Insurance Company, one of the UAE’s largest insurance providers, has relocated its employees from Al Rigga and Maktoum offices to a modern, technology-enabled six-story building located next to Al Ghurair Mall in Deira.

    The new head office will also have an agile environment whereby a hot-desking concept has been introduced that will allow employees to easily work either from home or from the office.

    According to Oman Insurance, this move is in line with the recent launch of its new brand identity that reflects the organization’s innovative outlook and constant investments in digital transformation and customer satisfaction.

    Jean-Louis Laurent Josi, CEO of Oman Insurance Company said the move was in line with their ‘Customer First’ strategy. “We have placed all important aspects of our value chain under one roof in order to enhance interaction, communication and efficiency between the teams,” he said. “This will lead to improved turnaround time and faster decision making and ultimately achieve higher customer excellence. “

    The new head office, added Jean Louis, also reflects the progress and evolution of Oman Insurance Company as not just an insurer of choice but also an employer of choice.

    “We are indeed aiming to empower our employees with modern communication tools and hot-desking functionalities to support our objective of having employees working from home while creating an environment with purpose-built work areas that are open, bright and futuristic,” he said.

    The company’s new head office features open plan workspaces in order to promote communication amongst employees. With hot-desking introduced, different teams from across the organization will be able to better synergize and come together to serve the 830,000 customers insured by the company.

    Oman Insurance Company was established in 1975 and is one of the leading insurance providers in the Middle East. The company has operations across Emirates in the UAE as well as in Oman and Turkey. It provides a wide range of insurance solutions for individuals and enterprises in General, Medical and Life insurance.