Saudi Arabia’s Regulator Plans to Raise Capital Requirements for Insurers February 24, 2020 By Yousef Gamal El-Din, Vivian Nereim and Matthew Martin Saudi Arabia is working on new regulations that would raise capital requirements for the kingdom’s overcrowded insurance sector, its central...
Dubai International Financial Centre Plans Massive Expansion Project January 8, 2019 By Matthew Martin Dubai plans to triple the size of its financial district, adding an area almost the size of London’s Canary Wharf,...
UAE-Based Cyber Security Firm DarkMatter Doubles Revenue in 2017 to $400M March 1, 2018 By Nour Al Ali and Matthew Martin DarkMatter, a three year-old United Arab Emirates-based cyber security firm, has more than doubled revenue last year to over $400...
Saudi Arabia’s MedGulf Denies It’s Seeking to Be Acquired May 30, 2017 By Matthew Martin The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi Arabian insurer known as MedGulf, denied it’s considering putting itself...
Zurich Insurance Plans to Sell South Africa & Morocco Units: Sources February 19, 2016 By Dinesh Nair, Matthew Martin and Jan-Henrik Förster Zurich Insurance Group AG has started a process to sell its units in South Africa and Morocco as it works...