Arab Reinsurance Company: a new dimension
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Arab Reinsurance Company maintains its B+ rating by A.M. Best - Dubai Future Foundation uses Artificial Intelligence to attract talent - Sharjah HR Directorate organizes artificial intelligence training - KSA – SAMA suspends 4 ins. professional companies - Arab Reinsurance Company maintains its B+ rating by A.M. Best - Shareholders’ equities of Egypt’s insurers decline 7.8% June-end - UAE: Over 8,000 Jobs to be created in the Banking and ins. Industry - Blockchain Makes Money Laundering Risks Greater - Arab Reinsurance Company maintains its B+ rating by A.M. Best - Abu Dhabi orders hospitals: treat emergency patients regardless of ins. - KSA - Hajj Ministry announces insurance for pilgrims - Unifying health insurance programs in Dubai - Arab Reinsurance Company maintains its B+ rating by A.M. Best - UAE - Fichte & Co launches "Maritime Insurance Roundtable" - China to allow 100% foreign life ownership in January - 4 Egyptian insurers vying to win National Air Services’ policy bid - Arab Reinsurance Company maintains its B+ rating by A.M. Best - UAE - Nexus Launches Expat Income Protection Insurance - KSA – Wafa ins. submits proposal of financial restructuring plan - China’s Central Bank Likely to Pilot Digital Currency - Arab Reinsurance Company maintains its B+ rating by A.M. Best - Dubai’s Roads Authority to develop digital vehicle plates - Egypt tops list of states inking financing deals for startups - UAE – Startups to drive a 2.8% real GDP growth in 2019 - China's growth forecast at 6.1% for 2020 - GCC: World Bank expects 2.6% economic growth in 2021 - Researchers say these are 2020's biggest cybersecurity challenges - Ithmaar Bank named fastest growing Islamic Fintech Bank - Egypt - Metlico issues ins. policy for Kharafi National - Egypt - Mohandes Ins.’s board Oks paid-in capital increase - Orient Takaful Egypt eyes boosting investment at end-FY20 - Dubai Silicon Oasis enhances services with Artificial Intelligence - Abu Dhabi – Dept. of Health launches emergency program - KSA - Al Sagr renews medical ins. deal with Maharah - Two Egyptian insurance startups get brokerage licences - Egypt 10-year investments in insurance sector hit EGP 102 B - Egypt’s regulator is putting the final touches on the draft Ins. Act - Goldman Sachs to launch services on Amazon's cloud - Bahrain - NBB becomes first bank to launch Open Banking in Mena - Compensation paid by Egypt’s commercial insurers 15.3% up end-Sept. - KSA - SAPTCO signs SAR 21.5 m medical ins. deal with Tawuniya - SoftBank Releases Debit Cards With Built-In Blockchain Wallet - S&P revises Bahrain’s outlook to positive - Bahrain - Bank ABC launches ila, its digital, mobile-only bank - SABB Takaful signs ins. deal with Saudi British Bank - Free App: Life Insurance, Wills and Family Finance - Arab Federation of Exchanges inks fintech MoU with MFTA - UAE- Arabic version of Zoho Creator to help create applications - Dubai DFSA and Luxembourg's CSSF sign innovation agreement - Cardano Dives Into Crypto Payments - E-payments account for 36% of all Saudi retail deals - Fitch revises Turkey's outlook from negative to stable - KSA - Walaa, MetLife seek GAC’s approval of merger - UAE insurers' profits to stay good in short, medium term - China-Central and Eastern European forum on fintech - Fitch: Start-Ups to drive Egyptian Fintech market - KSA - Bupa Arabia secures ins. deal with NCB - AXA Insurance – Egypt raises paid-in capital to $18.6 m - InsurTech Egypt launches its first hackathon “InsurHack” - Ahli United Bank Egypt launches savings product with Ins. Feature - Najm and Bahrain Ins. Assocation cooperate - Dubai - DIFC to host flagship Future of Finance Conference - Egypt’s Misr Life strikes bancassurance deal with NSB bank - Bitcoin plummets to a 6-month low - Dubai’s economy grows 2.1% as most sectors improve - Wethaq-Egypt’s ins. activity surplus hits $4.3 m in FY2019 - KSA - SAMA directs Salama to meet solvency margin requirements - Saudi Arabia - New digital era through 6 forums at Arabnet 2019 - KPMG in Bahrain to shed light on IFRS 17 - UAE – Ins. premiums rise to AED 57.3 bn in 2024 - GCC ins. market to grow to $36.1bn by 2024 - Oman – New draft ins. policy to help needy borrowers - Morocco to expand financial services with fintech - SAMA orders ACIG to raise statutory deposit - Arab Bank concludes 2nd fintech innovation program - Bahrain Finance Minister confirms regional economic growth - Sony announces the establishment of Artificial Intelligence unit - int@j offers the 1st international IoT certificate in Jordan - Oman’s ‘first’ blockchain trade deal conducted - HSBC, SABB Use Blockchain For Trade In Bahrain, Saudi - UAE to boost global FinTech destination via Finovate - Wethaq Launches First ‘Fintech’ Sukuk - 11 start-ups selected for MENA accelerator program - China-Bahrain venture fund targets Middle East tech market - Saudi Arabia, UAE ink road accident management deal - Egyptian Takaful Insurance’s GWP grow 28.8% y-o-y in Q1-FY20 - GIG- Egypt eyes 10% y-o-y surge in FY2020 premiums - AXA Gulf adopts AWS to enable digital transformation - UAE - 700 ins. certificates for Ajman Free Zone workers - Dubai - Ins. Dispute Settlement Committees start work - MedGulf signs health ins. agreement with Saudi Electricity Co. - FSB MENA group discusses regional financial stability - Google sets its eyes on banking next year - Dubai Chamber: Sub-Saharan Africa GDP to reach $2.4 trillion by 2023 - UAE-Egypt non-oil trade amounts to AED89.5 B - Egypt’s central bank makes 3rd cut to interest rates - UAE – Ins. Authority issues administrative penalty on actuaries - Dubai – DFSA extends MoU with China Banking and Ins. Regulator - UAE - Oman Insurance gains up 65% - MENA - Bahrain ranked 1st by Islamic Finance Develop. Indicator - Egypt - FRA approves Attijariwafa’s ins. unit request to expand - KSA - SAMA updates actuarial regulations for insurance sector - Kuwait- KD 130 Health Ins. for Expats From 2020 - Egypt’s Misr Insurance launches product against electric risks - Bahrain - Health insurance plan on the way for expats - Solidarity Bahrain: BD 607 thousand profit in Q3 - Alibaba’s Ant Financial starts testing of Business Blockchain - Consumer spend in Islamic economy hits US $2.2 trillion - Kuwait Ins. Company: profits at KWD 8.7 m in 9m - UAE - SALAMA reports 15.7% increase in 9m 2019 net profit - Dubai - DFSA participates in Singapore FinTech Festival - Sharjah FDI forum 2019 looks into the future of AI - Allianz Egypt achieves EGP 4bn premiums in 2019 - UAE - ADNIC partners with Addenda Technologies in blockchain - KSA - Bupa Arabia signs cooperation agreement with BIAC - KSA - Malath Cooperative Ins. Q3 profit falls 37% - Dubai - Global Future Councils discuss technology and geopolitics - Hong Kong Unveils New Rules for Cryptocurrency Exchanges - European Union moves to end fo