82% of UAE expats have no takaful life coverage, says survey
The majority of the UAE’s residents, comprising both nationals and expatriates, are yet to sign up for takaful coverage while…
Insurance
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DFSA Fines Clements Limited
The Dubai Financial Services Authority has imposed a fine of USD 85,191 on Clements Limited. The fine was imposed following…
UAE based compareit4me secures $2.4 million investment in latest round of funding
Region’s leading financial comparison website receives further backing from existing investors, while also attracting investment from influential collection of new…
BML Istisharat, core banking and insurance software provider grows in the Middle East
Lebanon based BML Istisharat - a globally recognized business Solutions and Information Technology Services provider has had some encouraging developments…
TAKAUD takes part in 7th Global Pension Conference in Washington
As the MENA region's specialist provider of savings and pension solutions, TAKAUD will take part in the 7th Global Pension…
BNY Mellon Appointed by Israel's Clal Insurance to Service Over $7 Billion of Assets
BNY Mellon, a global leader in investment management and investment services, has been appointed by Clal Insurance to provide global…
Takaful players in Gulf Arab region face pressure on profitability
Profitability of the GCC Islamic insurance industry is expected to remain relatively weak during the current year and the year…
Egyptian Life Takaful-GIG to activate bancassurance deal with NBK soon
Egyptian Life Takaful Company - GIG is entering into bancassurance partnership with the National Bank of Kuwait - NBK Egypt…
Takaud to host first Middle East Pensions Conference in Bahrain
Under the patronage of the Central Bank of Bahrain, TAKAUD, the specialist provider of savings, investment and pension solutions for…
Qatar Re recruits trio from Zurich Insurance
Bermudian-headquartered Qatar Re has strengthened its Dubai team with three appointments. All three are former employees of the Zurich…
Quilter Cheviot partners up with UAE advisory firm PWS
The announcement comes weeks after the advisory firm was granted a broker licence by the UAE’s Insurance Authority, giving it…
Protecting human capital
Aside from risks specific to industries SMEs are operating in, they are just as vulnerable to the global economy, fluctuations…