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The Islamic insurance sector continues to face secular challenges around relatively concentrated and undifferentiated business models and high expense ratios. (Shutterstock)

July 23rd, 2018 - 09:54 GMT

Islamic Insurance Industry Remains Profitable Regardless of the Net Profit Plummet

The Islamic insurance sector continues to face secular challenges around relatively concentrated and undifferentiated business models and high expense ratios.

Thanks to the growth in technology adoption, nationwide digital transformation, Smart Cities, and Expo 2020 Dubai, BMI Research predicts the UAE’s IT market will reach AED 20 billion in 2018. (Shutterstock)

July 4th, 2018 - 09:43 GMT

Smart Cities, Expo 2020 Drive UAE’s 2018 IT Market to Dh20 Billion

What is important when considering a retirement jurisdiction? Four main things: standard of living and climate, cost of living, medical cover, and income taxation. (Shutterstock)

July 4th, 2018 - 09:13 GMT

4 Factors to Consider When Planning Your Retirement

Digital transformation is vital for facial recognition, iris scans, and bitcoin. (Shutterstock)

June 27th, 2018 - 07:34 GMT

Fintech Drives GCC Cybersecurity Market to $8 Billion in 2018

Naushid Mithani, MD, Market Head, GSAC EMEA & PvB Head, UAE at Standard Chartered. (CPI Financial)

June 26th, 2018 - 10:33 GMT

Interview: The Holistic Approach to Private Banking

The high number of players and concentration on the motor and medical insurance segments has intensified competitive pressures. (Pixabay)

June 23rd, 2018 - 01:00 GMT

Jordan's Challenging Environment Hinders Insurance Companies’ Growth

As VAT is new to the region, it is imperative for business owners to be aware and comply with the new regulations in order to avoid stiff penalties which could be as high as AED 50,000. (Shutterstock)

June 21st, 2018 - 12:36 GMT

7 Ways to Avoid VAT Penalties in UAE

Smart Government applications generated savings of AED8.00 billion in three years. (Shutterstock)

June 11th, 2018 - 09:53 GMT

Smart Services Save Dh8 Billion Over Three Years

Ransomware was actually reported as the number one vector of security risk in the financial sector in the 2016. (Shutterstock)

June 11th, 2018 - 09:43 GMT

How Financial Organisations Can Counter Ransomware

The survey, sponsored by Emirates NBD and produced by IHS Markit, contains original data collected from a monthly survey of business conditions in the UAE non-oil private sector. (Shutterstock)

June 5th, 2018 - 10:17 GMT

UAE Non-Oil Private Sector Growth Accelerates to Four-Month High

Trading and gains should be further bolstered in the bourses following the decision to transform the Abu Dhabi Investment Council (ADIA) into a public shareholding company under Mubadala. (Shutterstock)

June 4th, 2018 - 10:07 GMT

UAE Bourses Forecast to Rise in June

It is based on periodic surveys of 1,300 UAE residents earning over AED 10,000 per month. (Shutterstock)

May 29th, 2018 - 08:29 GMT

UAE Residents Keeping Better Track of Finances

The research found that in the UAE, AI will have the greatest impact on the financial services, healthcare, and transport and storage industries, with increases of $37 billion, $22 billion and $19 billion. (Pixabay)

May 22nd, 2018 - 06:35 GMT

AI to Add $182 Billion to UAE Economy by 2035