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July 29, 2025
DIFC records best ever performance for the first half of a year
Dubai International Financial Centre (DIFC) announced its best-ever performance for the first half of a year, reinforcing its pivotal role in driving the future of finance and contributing to the Dubai Economic Agenda D33. Source: DIFC
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Bilal Jarjour
July 29, 2025
Global Insurance Market Index (by Marsh)
Global commercial insurance trends improved, on average, in the second quarter of 2025 for our clients across most product lines; US casualty was the main exception. Source: Marsh
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Bilal Jarjour
July 26, 2025
General: Cybersecurity Insurance Market
The Cybersecurity Insurance Market is projected to grow significantly, rising to USD 16.54 billion in 2025 to USD 32.19 billion by 2030. Source: MARKETSANDMARKETS
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Bilal Jarjour
July 26, 2025
Tunisia: Signing of a cooperation agreement to combat money laundering, terrorist financing, and arms proliferation
The Financial Markets Authority and the General Insurance Authority signed a cooperation and information exchange agreement, to combat money laundering, terrorist financing, and arms proliferation. Source: Tunisie Numérique
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Bilal Jarjour
July 26, 2025
Egypt: FRA to launch e-signature platform for companies soon
Dr Mohamed Farid, Chairman of the Financial Regulatory Authority, revealed the authority’s intention to complete the e-signature platform for companies within the next few days. Source: أموال الغد
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Bilal Jarjour
July 26, 2025
Egypt: Regulator completes digital system for working with insurance brokers
The Financial Regulatory Authority (FRA) has attained full digitalisation of its system for interactions with the insurance broking sector, according to the agency’s chairman, Dr Mohamed Farid. Source: Middle East Insurance Review
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Bilal Jarjour
July 24, 2025
Iraq: Insurance premiums grow by 18% in the first quarter
The Iraqi Insurance Diwan (IID) reported that the insurance market experienced a notable growth rate during the first quarter of the year, which is a promising indicator for the market. Source: Al Morakeb
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Bilal Jarjour
July 24, 2025
UAE: Takaful companies in Dubai barred from late contribution interest claims
The General Authority of the Dubai Court of Cassation has ruled that takaful companies and Islamic banks may not demand late payment interest resulting from a customer’s failure to pay a takaful contribution or repay a loan, even if the interest charged is called by another name. Source: Middle East Insurance Review
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Bilal Jarjour
July 24, 2025
Turkiye: Frost disaster may trigger new agricultural insurance measures
The Turkish authorities are considering new rules that would require farmers in the same district to insure all plots of a specific crop, according to Mr Bekir Engurulu, General Manager and a Director of TARSIM, the state-backed Agricultural Insurance Pool. Source: Reinsurance News
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Bilal Jarjour
July 24, 2025
Egypt: Chairman of the Financial Regulatory Authority: The share of insurance premiums in GDP has remained stable at 0.9% for two decades
Dr Mohamed Farid, Chairman of FRA, stated that the share of insurance companies’ premiums in the gross domestic product has been stable for 20 years. Source: أموال الغد
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