Category Archives: Business & Investments

Business & Investments

NewTech Insurance Brokers enriches customer experiences

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NewTech Insurance Brokers enriches customer experiences, records 90% client renewal rate and 35% growth in business KPIs

  • The company remains committed to offering advanced customisable, affordable and reliable insurance products to individuals and corporates
  • Reports state that the UAE insurance sector places a substantial focus on health and life insurance, with the market projected to reach USD 19.6 billion by 2030 from USD 10.131 billion in 2022

UAE, March 05, 2024

NewTech Insurance Brokers, a licensed and regulated insurance brokerage powerhouse in the UAE, recorded a remarkable business growth in the fiscal year 2023 with a surge of over 35 per cent in key performance indicators (KPIs) and a renewal client rate exceeding 90 per cent.

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Business & Investments

EGA reports competitive financial results for 2023

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EGA reports competitive financial results for 2023, with highest-ever production from mining to metal

Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium: “In 2023, EGA again delivered strong performance in what we control – the safety of our people, operational excellence, our costs, and our long-term commercial relationships with our global customers. This enabled us to continue to deliver competitive financial results compared to our global peers, and record-equalling dividends for our shareholders.”

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Business & Investments

Abu Dhabi Customs wins the “Game-Changer” award in cargo security

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Abu Dhabi Customs wins the “Game-Changer” award in cargo security

Abu Dhabi Customs: March 2024

The General Administration of Abu Dhabi Customs has been awarded the 2024 “Game-Changer in Sustainability and Technology” award in the cargo security category at the Transport & Logistics Middle East (TLME) awards ceremony. This is in recognition of its exemplary transformative initiatives and utilization of advanced technology in supply chains and cargo movement through Abu Dhabi’s border crossings.

Abu Dhabi Customs secured the cargo security award through voting by customers and partners, competing against other leading local and regional entities in the field of security and protection, in appreciation of its exceptional efforts in developing customs operations locally and globally, with the aim of facilitating trade, streamlining supply chains, enabling the transit of goods, and ensuring community security and protection. The award was received by Mr. Abdullah Helal Al Muhairi, Director of Khalifa Port Customs Center, during a ceremony held on the sidelines of the Future-proof Technologies Conference 2024 in Dubai.

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Business & Investments

DAN COMPANY CEO AND GOVERNER OF AL-AHSA MEET

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DAN COMPANY CEO AND GOVERNER OF AL-AHSA MEET

The meeting included a discussion on ways to develop the tourism sector by investing in the rich agricultural and natural diversity in the Kingdom

An agri-resort, an eco-resort, and an adventure resort will be the first properties to launch as Dan Company’s first three resorts in Al-Ahsa

Riyadh, Saudi Arabia, 4 March 2024: His Highness Prince Saud bin Talal, Governor of Al-Ahsa and Abdulrahman Abaalkhail, CEO of Dan Company, a Public Investment Fund (PIF) company specializing in agritourism, ecotourism, and adventure tourism met yesterday to discuss the company’s plans to create a premium farm-based tourism destination in the heart of the Al-Ahsa Governate, a significant agricultural region in Saudi Arabia’s Eastern Province and UNESCO World Heritage site.

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Business & Investments

Deloitte set to establish ServiceNow Innovation Center in Riyadh 

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Deloitte set to establish ServiceNow Innovation Center in Riyadh 

  • The center will serve as a strategic hub for public sector leaders seeking to drive innovation and will provide new jobs and talent development opportunities for Saudi professionals

Riyadh, Kingdom of Saudi Arabia, 4 March 2024 – Deloitte, the leading global professional services firm, and ServiceNow, the leading digital workflow company making the world work better for everyone, announced the plans to establish the ServiceNow Public Sector Innovation Center at the Deloitte Digital Center in Riyadh. The announcement was made on the opening day of LEAP, the flagship technology event in the Kingdom of Saudi Arabia, taking place March 4th – 7th, 2024.  

Deloitte Middle East CEO, Mutasem Dajani commented, “The launch of our ServiceNow Innovation Center in Riyadh demonstrates our commitment to the emerging needs of both, the public and private sectors in the Kingdom of Saudi Arabia. It also further underlines our commitment to local Saudi talent through job creation and skill development. We will continue to work with our alliance partners to drive innovation and digital transformation, in line with the Kingdom’s Vision 2030.”

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