A major part of the banking sector within the UAE, Dubai is also a key player in the wider MENA region. In the first quarter of 2012, Dubai-based Emirates NBD (ENBD) was not only the largest bank by assets in the UAE, but number three in the GCC, after Qatar National Bank and Saudi Arabia’s National Commercial Bank. ENBD shares the Dubai banking...
The UAE is one of the largest insurance markets in the Gulf region, with Dubai taking an impressive share of the country’s total premiums. There is still plenty of room for growth in life and general, with the period ahead likely to see more of this potential realised. Dubai is moving towards compulsory health insurance (see analysis), while there...
This year, Britain welcomed the world. We’ve had the extraordinary success of the Olympics and the pageant and tradition of the Diamond Jubilee. From heads of state and business leaders to athletes and spectators, Britain has been showing everyone what we can do best.
As efforts to widen and deepen the pool of Islamic financial products continue, one area that has recently seen growth is capital-protected instruments. Both Dubai, and the UAE as a whole, have been keen to pursue this trend and boost choices among Islamic investors. One of the main challenges is the provision of sharia-compliant instruments for...
Thanks in part to its role as a commercial centre, Dubai has long been a diverse place, host to dozens of languages and peoples from around the world. In recent years it has become even more so. Between 2006 and 2011, non-Emirati natural population growth – total natural births minus deaths – outpaced that of Emiratis, according to data from the...
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