The UAE financial system remained resilient in 2025, with improvements across most financial soundness indicators, the Central Bank of the UAE (CBUAE) has said.
Atradius, a global leader in trade credit insurance and risk management, has established operations in Dubai International Financial Centre (DIFC), marking a significant milestone in its Middle East growth strategy.
Sukoon Takaful has signed a partnership agreement with the Ministry of Energy and Infrastructure, which is represented by the Sheikh Zayed Housing Programme.
Reinsurance broker Guy Carpenter has appointed Mr Roger Tannous as Senior Vice President - Facultative Reinsurance at its DIFC operation.
Dubai Police have issued a warning to the public about the growing risk of falling victim to fraudulent insurance companies and offices, urging individuals to verify licences and documentation before making any payments.
Mosaic Insurance has announced a reorganisation of two core underwriting hubs - Dubai and Singapore -- to align international resources and support its next phase of growth.
Middle East Insurance Review (MEIR), in solidarity with the insurance market, has started a special series named "Middle East Conflict: The MEIR Dialogue" to discuss the insurance impact of the armed confrontation across MENA as well as globally. The series continues with an interview with Emirates Insurance CEO Jason Light.
The insurance sector in the UAE remained healthy in 2025, with robust capital adequacy ratios and return on assets, according to the Central Bank of the UAE (CBUAE).
Shareholders of Abu Dhabi-listed Union Insurance Company have approved the distribution of bonus shares totalling AED20m ($5.45m), increasing the company's capital to AED250m. The approval was given at the company's annual general meeting last week.
Bahrain and the United Arab Emirates have joined 20 other countries in expressing readiness to help secure shipping through the vital waterway, the Strait of Hormuz, the UAE's Foreign Ministry has said.