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The participation insurance (takaful) market in Turkiye attracted contributions exceeding TRY32.5bn ($790m) in the first half of the year. Source: Middle East Insurance Review
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The Union of Egyptian Insurance Companies confirmed that the key trends currently witnessed globally, such as demographic changes and increasing awareness of climate-related risks. Source: المال
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The Financial Regulatory Authority revealed a growth in the insurance activity (premiums, claims, and investments of private insurance funds) in Egypt during the first five months of year 2025, reaching approximately EGP 83.4 billion. Source: صدى البلد
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Tunisia’s insurance regulator, the General Insurance Council (CGA) has released guidelines to the insurance industry on customer due diligence obligations. Source: Middle East Insurance Review
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Qatar’s seven listed insurance companies recorded combined profits after tax of QAR763.38m ($209.78m) for the first half ended 30 June 2025, 5.76% higher than the QAR721.77m posted for the corresponding half in 2024. Source: Middle East Insurance Review
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The insurance sector in Saudi Arabia is witnessing a wide-ranging movement toward mergers and restructuring, driven by the pressure of operating expenses and financial solvency challenges. Source: الشرق الأوسط
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A study by the Central Bank of the UAE (CBUAE) has assessed the financial implications of climate-related disasters for the financial system, including the broader macroeconomic impact. Source: Middle East Insurance Review
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Uzbekistan officially establishes its first national reinsurance company, which is set to start operations on September 1 of this year, just a few days away. Source: تأمين ومصارف
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The Turkish insurance sector demonstrated significant growth in 2024, with total profits reaching TRY31.8bn, a 59.46% increase compared to the previous year, according to KPMG. Source: Middle East Insurance Review
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The Egyptian Insurance Federation confirmed that the insurance sector is facing a range of multi-dimensional risks, including cyber risks, operational risks, and compliance risks. These are risks that are evolving rapidly and becoming more complex with the pace of digital transformation. Source:المال
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