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GCC tag returned 138 results

  • GCC: Digital portals enable competitive motor insurance premiums

    Damana, a leading insurer in the GCC, has launched a drive to give motorists across the region access to more competitive insurance premiums and tailored products with the introduction of market-specific portals for brokers.

    Middle East | 14 Sep 2020
  • GCC: Mumtalakat and Arcapita sell stake in NAS Neuron

    Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, and the global alternative investments firm Arcapita Group Holdings have sold their stake in NAS Neuron Health Services to a leading US-based Fortune 500 company.

    Middle East | 25 Aug 2020
  • UAE: Lockton strengthens retail ops with new appointments

    Lockton Insurance Brokers UAE has appointment Mr Faris Khatib as its new CEO. Mr Khatib will provide executive leadership to Lockton MENA Limited's subsidiary in the UAE.

    Middle East | 09 Jul 2020
  • GCC: More than 70% of those polled in survey keen to sightsee after COVID-19 lockdown

    GCC travellers are planning trips and gearing up for travel, preferably to international destinations, as countries start to re-open their borders in the wake of the COVID-19 pandemic, according to a recent travel sentiment survey conducted by AllDetails, a Dubai based travel & tourism and communications agency.

    Middle East | 05 Jul 2020
  • GCC: Sales of used cars overtake those of new vehicles

    The COVID-19 pandemic and associated lockdowns imposed by authorities have caused the sales of used cars to outpace those of new vehicles.

    Middle East | 21 Jun 2020
  • GCC: 70% of employers adjust or plan to revise employee compensation

    The majority, or specifically, 70%, of GCC employers responding to a recent survey have or are planning to adjust one or more elements of their compensation and benefits (C&B) programmes in response to the business impact of COVID-19, says Mercer, global human resources consulting firm.

    Middle East | 16 Jun 2020
  • Outlook on GCC insurance markets revised to negative

    AM Best has revised its outlook on the GCC insurance markets to negative from stable, citing the economic downturn across the region and an expected lower insurance demand as two main drivers behind the decision.

    Middle East | 04 Jun 2020
  • UAE: IA mulls new stimulus package

    The UAE Insurance Authority (IA) is considering to launch a new stimulus package as part of a series of measures to support the insurance sector amid the COVID-19 crisis.

    Middle East | 19 May 2020
  • GCC: AXA Gulf reaffirms commitment to customers in the region amid pandemic

    AXA Gulf has revised some of its product offerings to ensure the protection of its policyholders during this challenging period.

    Middle East | 29 Apr 2020
  • GCC: Weak profitability and capitalisation outlook for insurers

    The coronavirus outbreak and a simultaneous decrease in oil prices have weakened the economic outlook for GCC countries, with adverse consequences for insurers, according to the Insurance - GCC 2020 Heatmap Update of Moody's Investors Services.

    Middle East | 23 Apr 2020