Almost all (94%) of UAE businesses believe the climate transition offers a commercial opportunity for their company, saying it's a growing focus (58%) or a key strategic area (36%), according to the report, "HSBC Sustainability Pulse Survey 2025", released by the global financial services group.
In the Middle East, Saudi Arabia and the UAE both recorded some improvement in court-related complexities, according to Allianz Trade, as compared to 2022.
The Dubai Financial Services Authority (DFSA), the independent financial services and markets regulator of Dubai International Financial Centre (DIFC), has imposed a fine of $455,176 on reinsurance brokerage Ed Broking (MENA) for a number of contraventions of DFSA legislation, including engaging in misleading and deceptive conduct.
The Dubai Health Authority (DHA) has released its "2024 Health Accounts System of Dubai" (HASD) report , which reflects the continued development of Dubai's health insurance system and its role in supporting the economy and enhancing quality of life.
Sukoon Insurance, one of the largest insurers in the UAE, has announced that it marked its Golden Jubilee in 2025 with the strongest overall financial performance in the company's history. The 50th anniversary milestone was a landmark year of growth for Sukoon.
MS Amlin (MSA), a Lloyd's global specialist (re)insurer, has launched a new reinsurance partnership with parent company Mitsui Sumitomo Insurance (MSI) for clients in the UAE, uniting MSI's portfolio with MSA's expertise.
Takaful Emarat, the UAE's first dedicated Shariah-compliant life and health takaful provider, has announced a strategic collaboration with the international professional services firm Deloitte to help develop a strategic roadmap for the Islamic insurer.
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, is set to open a branch in India, in India's first International Financial Services Centre (IFSC) in GIFT City in Gujarat in India.
Dubai Insurance, a leading insurer in the UAE, yesterday announced it had launched the first digital wallet for crypto assets in the UAE insurance sector, developed in partnership with Zodia Custody.
GlobeMed Gulf and Orient Insurance, the leading UAE insurance provider and a subsidiary of Al-Futtaim, have entered into a partnership to provide enhanced third-party administration (TPA) services to Orient's insured members in the UAE.