December 5, 2023
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DIFC positions Dubai as a global insurance and reinsurance hub with unparalleled growth

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, continues to steer Dubai’s position as a worldwide hub for the insurance and reinsurance industry. Having granted several licences to insurance and reinsurance companies in recent months, the sector is on track for 20% annual […]
Banking Finance

Emirates Development Bank launches solar energy financing initiative

AED100-million programme focuses on green energy solutions in the UAE Emirates Development Bank (EDB), the UAE’s development bank, has launched a new solar energy finance programme to support micro, small, and medium enterprises (MSMEs) across diverse sectors in the UAE. The programme will allocate AED100 million to hasten the adoption of green energy solutions, focusing
Business Finance

Zurich Insurance and DIFC Innovation Hub partner to empower insurtech start-up ecosystem in the Middle East

New collaboration encompasses FinTech Accelerator Programme in DIFC Zurich Insurance Group (Zurich) – the Switzerland-headquartered global multi-line insurer – has entered a strategic alliance with DIFC Innovation Hub, the top-rated fintech and innovation ecosystem in the Middle East region, to empower the latter’s FinTech Accelerator Programme. The FinTech