Insurance
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Dubai's Sukoon Insurance gets UAE Central Bank go-ahead to buy Arabian Scandinavian Insurance Co.
The UAE insurance sector is seeing another round of consolidation, with Dubai-headquartered Sukoon Insurance (formerly Oman Insurance Co.) getting the go ahead to acquire Arabian Scandinavian Insurance Co. (or Ascana). The approval has been granted from the UAE Central Bank and Securities and Commodities Authority (SCA) to proceed with the…
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Click here to read the full story: Gulf News