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UAE Government launches KYC platform for enhanced financial data

The UAE central bank will oversee and regulate the operations of the company managing the KYC platform

aiBANK unveils a daily savings account with interest rates of up to 20%

Customers who opt for the new savings account can earn a daily interest rate of up to 20%

Arab Monetary Fund sees growth potential in Takaful market

The fund projects a continued annual growth of 5-8% for the Takaful sector in the coming years

ADNIC completes acquisition of 51% stake in Allianz Saudi Arabia

ADNIC has been actively exploring opportunities and expanding its geographical footprint as part of its growth strategy

KPMG: Saudi Arabian insurance firms pursued digitalization and expected to close year-end with higher top-line

Insurance companies in Saudi Arabia continued their top-line growth momentum at the end of Q3 2021, with a matching trend foreseen for year-end, KPMG...

SINOSURE becomes first Chinese insurer to open regional office at Dubai International Financial Centre

Dubai International Financial Centre (DIFC), the leading global financial centre and the top innovation hub in the Middle East, Africa and South Asia (MEASA)...

Souqalmal launches UAE’s first ‘Insure Now, Pay Monthly’ service to support residents amid the COVID – 19 crisis

As countries all over the globe continue to grapple with the financial impact of the Covid-19 pandemic, residents in the UAE haven’t been immune...

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