Dubai: The UAE’s insurance sector has been hogging the limelight for the better part of the year. And more specifically since mid-April, which is when the skies opened up in ways that…
Tag: impact
Prices of new cars in UAE start to feel full impact of Chinese competition
Dubai: The market share gains Chinese auto brands are having in the UAE will significantly impact how prices are being set for 2025 model year launches and beyond. This influence will play…
UAE's Al Ansari Financial Services feels impact of corporate tax in H1-2024 profit drop
The remittance generated operating income was 6 per cent higher relative to the second-half of 2023, but showed a ‘modest’ year-on-year decline. “This indicates a positive trajectory for the remittance business and…
Only limited impact on UAE gold market demand after India slashes customs duty
Dubai: On Tuesday (July 23), India slashed its import duty on gold to 6 per cent from 15 – but this will have limited impact on demand for jewellery shopping when visitors…
Hotel operations of Palazzo Versace Dubai will not feel any impact from property sale
“The hotel has an exclusive management contract with Palazzo Hospitality Services, with contractual and exclusive rights of operation secured until 2037,” said Monther Darwish, Managing Director of Palazzo Versace Dubai, as well…
How fast did your UAE insurer react to rain impact claims?
Insurers cannot afford to go slow on claims