financial hubs News

Dubai International Financial Centre Grows 16%, Despite Economic Slowdown

Dubai International Financial Centre said the number of companies based in the hub rose 16 percent during the first half even as lower oil prices and slowing economic growth forced some banks in the United Arab Emirates to cut jobs. …

Overcapacity Weighs on Middle East, No. Africa Reinsurers: A.M. Best Report

A special report from A.M. Best notes that the “low level of insurance penetration seen in many Middle East and North Africa (MENA) countries, combined with the robust, albeit deteriorating, profitability achieved by the leading primary insurers, has made the …