ABU DHABI/WAM The UAE insurance sector continues to exhibit robust growth, as evidenced by a 9.6% increase in total assets during the first nine months of 2023, reaching AED 131.6 billion by the end of the third quarter. This translates to an impressive AED 11.5 billion increase in assets compared to the year-end 2022 figure of AED 120.1 billion. The ...

ABU DHABI/WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group and UAE-based Excel ASTRA Engineering Construction have signed a 50-year lease agreement to set up a fabrication facility in KEZAD. Excel Astra to invest approximately AED20 million to build the facility on approximately 45,000 square metres of land in KEZAD Al Ma’mourah. The facility will leverage on the collective expertise ...

ABU DHABI/WAM Trucks, heavy vehicles and buses transporting labourers will be banned from Abu Dhabi roads on New Year’s Eve, the Traffic and Patrols Directorate of the Abu Dhabi Police, in cooperation with the Integrated Transport Centre, announced. “This includes Sheikh Zayed Bridge, Sheikh Khalifa Bridge, Mussafah Bridge and Al Maqtaa Bridge,” ​the Traffic and Patrols Directorate of the Abu ...