Insurance

UAE’s Etihad Credit Insurance sees 21-fold growth in gross exposure over 5 years, reaching $2.6 billion

UAE’s Etihad Credit Insurance sees 21-fold growth in gross exposure over 5 years, reaching $2.6 billion

ECI covered 3.1 percent of UAE’s non-oil exports of $120 billion in 2023

UAE’s ADNIC acquires majority stake in Allianz Saudi Fransi, expands footprint in Gulf region

Banking & Finance

UAE’s ADNIC acquires majority stake in Allianz Saudi Fransi, expands footprint in Gulf region

The acquisition will make ADNIC one of the Tier-1 listed insurers in Saudi Arabia

New UAE rule to register insured Emirati employees within 30 days of hiring

New UAE rule to register insured Emirati employees within 30 days of hiring

Penalty for non-compliance: AED200 per day of delay, multiplied by number of insured employees