ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) has exempted employers in the federal, government and private sectors from incurring fines for late contribution payments due for October and November 2024. This exemption follows a circular issued by GPSSA to employers across sectors to mark the launch of the Ma’ashi platform. According to Article No 13 ...

DUBAI / GULF TIME Yalla Group Limited, the largest Middle East and North Africa (MENA)-based online social networking and gaming company, on Tuesday announced strong financial results for the third quarter of the fiscal year 2024 ending on September 30 2024. According to the financial data, the company has posted a 4.4% revenue increase, reaching AED 326.5 million ($88.9 million), ...

ABU DHABI / WAM Abu Dhabi National Insurance Company (ADNIC) announced its financial results for the first nine months of 2024, reporting a net profit before tax of AED342.5 million, highlighting the company’s solid financial performance and successful execution of key strategic growth initiatives. Following Adnic’s successful acquisition of a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company (ASF) ...