Oman sovereign fund eyes defensive sectors amid risks for global economy
Oman Investment Fund (OIF) may target defensive sectors such as healthcare and insurance in the short-term as more downside risks…
Insurance
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Etihad Credit Insurance partners with Natixis to expand UAE businesses' global footprint
Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a Memorandum of Understanding (MoU) with French bank…
Is the UAE end-of-service gratuity set for an overhaul?
Receiving an end-of-service benefit after leaving a job in the UAE is a moment all expatriate employees look forward to.…
Egypt's EFG Hermes considers move into insurance and mortgage sectors
Egypt's EFG Hermes is considering expanding into the insurance and mortgage sectors after obtaining regulatory approval, the investment bank's CEO…
Bank Sohar issues life insurance policies
Delivering on its commitment to banking excellence through increased efficiency in service delivery turnaround times, Bank Sohar has promised immediate…
Generali appoints new Head of Business Development
Generali Global Health, which provides international private health insurance to globally mobile people, has announced the appointment of John Kaye…
Aon names 'Best Employers in the Middle East'
Global professional services firm Aon named Jumeirah, InterContinental Hotels Group, McDonalds and Union Coop among the winners of its Best…
New employee insurance scheme takes effect in UAE
Insurance policies will cost AED 60 annually per employee, and will be set up "electronically and instantaneously" when a new…
Explained: What the UAE's new low-cost insurance policy means for you
A new low-cost insurance policy that protects private sector employees’ workplace benefits in the event of job loss, redundancy or…
UAE launches low-cost insurance initiative for workers
The United Arab Emirates today launched a low-cost insurance system with the aim of ensuring long-term employee protection and pump…
UAE rolls out affordable insurance scheme to replace bank guarantees
The UAE has started issuing new insurance policies for workers in place of bank guarantees from Monday, the ministry of…
Willis names head of Central & Eastern Europe, Middle East-Africa
Broker Willis Towers Watson has appointed Pamela Thomson-Hall as the head of the Central and Eastern Europe, Middle East, and…