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UAE secured 44.1% of Japan’s crude oil needs in February 2024

TOKYO / WAM The UAE secured 44.1 percent, namely 31.3 million barrels, of Japan’s crude oil needs in February 2024, according to the Agency for Natural Resources and Energy in Tokyo. The agency, part of the Japanese Ministry of Economy, Trade and Industry, stated that the amount of crude that Japan imported during that month amounted to around 71 million ...

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Gross written premium up by 12.7% in Q4 2023 to AED53.2b

ABU DHABI / WAM The UAE insurance sector continued to grow in Q4 2023, as reflected by the increase in the gross written premiums. As of year-end, the number of licenced insurance companies in the UAE remained at 60, the CBUAE announced in its quarterly economic report Q4, 2023. The insurance sector comprised 23 traditional national companies, 10 Takaful national ...

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