UAE
Dubai announces grace period to meet health cover rule
The Dubai Health Authority has decided to delay imposing any penalties on individuals and their dependents if they fail to meet a 30 June deadline to sign up for mandatory health insurance cover.
First GCC equities fund for int’l investors launched in ADGM
Eshara Capital, the first investment fund managed out of the Abu Dhabi Global Market (ADGM), has launched its first strategy, providing global investors access to UAE and Saudi Arabian equity markets and upcoming IPOs.
Middle East | 24 May 16
UAE regulator grants broker licence to advisory firm PWS
Dubai-based advisory firm Prestige Wealth Solutions (PWS) has been granted a broker licence by the UAE’s Insurance Authority (IA), the company has revealed.
Middle East | 10 May 16
RSA partners with Now Health to offer health insurance in UAE
British multinational general insurer RSA Insurance has announced the launch of an international health insurance operation in the United Arab Emirates in partnership with Now Health International.
Middle East | 9 May 16
Dubai regulator fines two directors for wilful AML breaches
The Dubai Financial Services Authority (DFSA) has fined two former bank directors for wilfully breaching the regulator’s anti-money laundering (AML) rules.