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May 16, 2025
Saudi Arabia: Price corrections needed for insurers amid challenging conditions in 2025
The impact of intense price competition in medical and certain motor segments are now coming through in the Saudi insurance market, says Badri Management Consultancy. Source: Middle East Insurance Review
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Bilal Jarjour
May 16, 2025
US decision to lift sanctions on Syria: Here’s what you need to know
US President Donald Trump announced on Tuesday in Saudi Arabia that he would lift sanctions on Syria. Source: ALJAZEERA
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Bilal Jarjour
May 13, 2025
Qatar: Listed insurers’ profit rises by 11%
Qatar’s seven listed insurers have reported a combined net profit of QAR424m ($116.5m) for the first quarter of 2025 against QAR382m for the corresponding period of the previous year, according to corporate disclosures lodged with the Qatar Stock Exchange. Source: Middle East Insurance Review
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Bilal Jarjour
May 13, 2025
Egypt: New decision regarding the change of auditors
Dr Mohamed Farid, Chairman of the BOD of the Financial Regulatory Authority, issued a decision no 1006 of year 2025; regarding the regulations governing the issuance of a no-objection letter from the Authority when a company’s auditor is replaced by another one with whom the company has a professional partnership. Source: أموال الغد
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Bilal Jarjour
May 13, 2025
Egypt: First-quarter financial statements submission deadline extended by 15 days
In Egypt, the above decision applies to companies listed on the stock exchange and entities operating in non-banking financial activities. Source: أموال الغد
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Bilal Jarjour
May 13, 2025
Saudi Arabia: Chairman of the Insurance Authority meets with the CEOs of ins cos
As part of the Insurance Authority’s efforts to enhance the efficiency of the insurance market and raise levels of transparency, Eng Naji Al-Tamimi, Chairman of the Authority, met with a number of insurance company CEOs to discuss ways to develop and advance the sector. Source: Al Morakeb Group
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Bilal Jarjour
May 10, 2025
Abu Dhabi’s IHC and BlackRock set up $1bn reinsurance company
International Holding Company, one of the UAE’s most valuable listed companies, has partnered with the world’s biggest asset manager BlackRock to launch a $1 billion reinsurance company Source: The National
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Bilal Jarjour
May 10, 2025
FAIR recommends strengthening regional cooperation among companies to support the energy sector
The Federation of Afro-Asian Insurers and Reinsurers has recommended the necessity of enhancing regional cooperation among insurance and reinsurance companies and intensifying the exchange of experiences and knowledge to keep pace with the developments in the global energy sector and achieve its sustainability. Source: أموال الغد
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Bilal Jarjour
May 10, 2025
Egypt: The digital transformation in the insurance sector facilitates procedures and reduces errors
The insurance sector has witnessed a digital wave that reshaped its traditional structure and rearranged its operational priorities. Source: المال
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Bilal Jarjour
May 10, 2025
Saudi Arabia: Insurance Authority and Culture Ministry deepen cooperation on cultural insurance
The Ministry of Culture has signed a Memorandum of Understanding (MoU) with the Insurance Authority to cooperate in preserving cultural assets and promoting the cultural insurance sector. Source: الاقتصادية
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