Maveric Systems Wins Award for 'Best Banking Technology Partner'
Maveric Systems has won the award in the Best Banking Technology Partner Award category at the 15th Annual Banker Middle…
Insurance
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New India Assurance to open regional hub in DIFC
The New India Assurance Company Ltd (NIA), a government of India-owned insurance company, said on Thursday that it will open…
RAKBANK acquires 79.23 per cent of RAK Insurance
The acquisition enables RAKBANK to become the largest shareholder in the insurance provider and is in line with the Bank’s…
FPI brand will live on after Aviva merger
Friends Provident International, a major player in the Asia and the Middle East markets, will emerge from its takeover by…
Oman Insurance Company appoints new CEO
Oman Insurance Company has announced the appointment of Christos Adamantiadis as Chief Executive Office to replace Patrick Choffel who ends…
UAE's RAKBANK makes offer to buy RAK National Insurance
UAE-based National Bank of Ras Al Khaimah made a public offer on Tuesday to buy shares in Ras Al Khaimah…
ADIF to guarantee deposits of Turkish bank
Ziraat Bank Azerbaijan JSC has been included in the register of member banks of the Azerbaijan Deposit Insurance Fund since…
Jordan Insurance Company participates in Soccerex Asian Forum for second consecutive year
Jordan Insurance Company recently concluded its participation in the 2015 Soccerex Asian Forum, which was held on May 3 and…
AXA gets Regulatory Initial Approval to enter Egypt Insurance Market
Egypt's market regulator has given a preliminary approval to set up an Egyptian arm for the France-based leading insurer Axa,…
UAE insurance investments hit AED40bn in 2014
Islamic insurance (Takaful) sector faces major challenges including profitability, the lack of innovative products and the need for more qualified…
Oman Insurance Company Signs a Corporate Pension Plan with Aircrew Protection International
Oman Insurance Company (OIC) announces its selection as a preferred provider for Aircrew Protection International (API) offering airline pilots life…
Bahrain Central Bank Puts Bank, Insurer Into administration
Bahrain’s central bank said it has placed two Iran-linked companies, Future Bank and Iran Insurance Co, into administration to protect…