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Top localities for buying apartments in Abu Dhabi

September 30, 2016 UAE Business 0

UAE’s capital represents one of the strongest and the most stable real estate market in the entire Middle East. Backed by strong government support, the emirate’s market has stood sturdy even in the most turbulent of times. Properties in Abu Dhabi are brought by people who desire absolute assurance of market stability and guaranteed profits on investments. Read more

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GCC’s Reinsurance Market grows beyond 52 billion USD in 2015

September 29, 2016 UAE Business 0

Substantially, insurance markets in the UAE and the entire Middle East has attained higher growth in the last ten years. Last year, Turkey UAE, Iran, and Saudi Arabia spurred as the region’s biggest markets as the region insurance premium superseded 52 billion USD. This development has been made possible through many factors including 2014’s high oil prices spanning down into some parts of 2015, the announcement of compulsory covers for medical healthcare and liability business classes, deepening ingress into the insurance market, growing business activities, and Infrastructural development. The A.M. Best Company Inc. has listed the largest MENA reinsurers which the company ranked by gross written premiums in 2015. The list which includes Qatar Reinsurance Company LLC, Trust International Ins & Reins Co. B.S.C., Milli Reasurans Turk Anonim Sirketi, Societe Centrale de Reassurance, Compagnie Centrale de Reassurance, and Arab Insurance Group (B.S.C.) as the top six largest reinsurers company estimated their gross written premiums at 1,156.2m, 475.9m, 342.3m, 256.4m, 237.7m, and 220.4m USD respectively. Read more

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Finalists announced for TMS Awards

September 22, 2016 UAE Business 0

Over the past few weeks an elite panel of judges have been evaluating a record number of nominations for a total of 19 different categories for The Maritime Standard Awards 2016. It has been hard job to whittle this down to a short list, but they have done so. The standard of entries was extremely high, and all of those who entered should be commended for their excellent submissions Read more

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Solar Energy Storage: A time with Graeme Sharp

September 16, 2016 UAE Business 0

Intersolar Middle East exhibition, conference and Global solar Leaders’ Summit will be held in Dubai from 19th to 21st September this year in Dubai World Trade Centre, NEW Za’abeel Hall 6. The exhibition, conference and summit will bring together stakeholders and businesses within the solar sector to partake in several activities and workshops towards expanding solar within the Middle East and North Africa region – thus connecting solar business. Ahead of the Global Solar Leaders’ Summit and the Intersolar Middle East, Graeme Sharp – Head of Smart Energy Advisory, DNV GL shared his views on energy storage in regards to the solar sector with African Business Magazine and Read more