Financial Services

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Dubai’s desire to capture and leverage innovative technological breakthroughs is manifest in the number of incentives offered for the world’s smartest minds and most dynamic start-ups. While there are a number of independent entities offering funding and incentives for forward-thinking enterprises, the emirate’s leadership has also developed a...

 

Intense competition, low penetration rates and a strong bias towards non-life products characterises Dubai’s insurance sector, with ratings agencies agreeing that there is robust medium-term growth potential for the emirate’s underwriters.

 

In what ways is the UAE’s banking sector feeling the effects of higher US dollar interest rates?

 

The introduction of compulsory health cover in Dubai has been one of the key drivers of demand in the insurance industry in the emirate. The sector is regulated by Dubai Health Authority (DHA), which is working to ensure there is comprehensive cover in place for the 2.46m expatriates who live in the emirate, as well as their dependants and...

 

Dubai is home to a domestic stock exchange, an international market with one of the largest concentration of sukuk (Islamic bonds) in the world, as well as equity futures and three derivatives platform operators: the Dubai Gold and Commodities Exchange (DGCX), Dubai Mercantile Exchange (DME) and Nasdaq Dubai. The emirate continues to...

 

How will the opening of Islamic windows in conventional banks affect competition?

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