Abu Dhabi / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced on Wednesday its financial results for the three-month period ending March 31. The company reported a net profit of AED 74 million for the period, an increase of 90% in profitability over the same period …

  Dubai / Emirates Business The Dubai Financial Services Authority (DFSA) hosted an outreach session on the opportunities financial technology (FinTech) presents in the Middle East. The seminar was held jointly with the FinTech Hive at DIFC, Hawkamah Institute for Corporate Governance and the Middle East Investor Relations Association (MEIRA) on May 8. The event provided a forum to discuss …

  Abu Dhabi / Emirates Business ADNOC Distribution announced a reduction of the retail price of unsubsidised LPG cylinders for the month of May 2017 in all service stations in the UAE. As per the announcement that is set on the 10th of every month, the new reduced retail price is as follows: AED 45 per 25lb, reduced from the …