TEHRAN, IRAN – Tehran on Saturday strongly condemned a UN report on the Islamic republic's response to mass protests in 2022, denouncing Western countries' "Iranophobia". The report was built on "baseless claims" and "false and biased information, without a legal basis", foreign affairs ministry spokesman Nasser Kanani said in a statement. International experts...
DIFC Courts posts staggering 692% rise in value of first-half claims
Dubai, UAE -- Dubai's position as the leading hub for international dispute resolution has been further strengthened as the Dubai International Financial Centre (DIFC) Courts reported a staggering 692 percent increase in the overall value of claims during the first half of 2023 compared to the same period last year....
Improved management may reduce insurers’ costs
Insurance claims are the ‘moment of truth’ for the customer and the biggest cost in the potential profit and loss, especially for retail businesses. That is why getting it right matters, the two experts highlight, referring to one of the latest research conducted by Arthur D. Little.
Iran says ready for talks with Ukraine over drone claims
Terming the Ukrainian and Western claims that its military drone are being used by Russia in attacks on Ukraine as baseless, Iran has said it was ready for talks with Kyiv to clarify claims that Islamic republic was supplying weapons to Russia. Iranian foreign ministry said that such claims were...
Bupa Arabia’s profit dips by 16%
Its stock fell after it posted a drop in profit to $114m in H1.
Abu Dhabi Judicial Department pulls up banks over loan guarantees
Failing to take guarantees is a violation of the requirements and controls regulating the granting of loans, said the department.
UN commission pays $600 million to Kuwait oil firm for Iraq invasion losses
The UN Compensation Commission is to pay another $1.1 billion to the Kuwait Petroleum Company as compensation.
