ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic), a multi-line insurance providers for both corporates and individuals, reported net profit for the six-month period ended 30th June 2021 increased by 31.1 percent to AED248.7 million, compared to AED189.7 million for the same period in 2020, driven by outstanding performance in both underwriting and investment activities. Gross written premiums ...

SHARJAH / WAM Air Arabia, the Middle East & North Africa’s first and largest low-cost carrier operator, on Monday reported a profitable first half (January to June) 2021 despite Covid-19 continued impact on the aviation’s industry financial and operational performance. Air Arabia reported a net profit of AED 44 million for the first six months ending on June 30, 2021, ...

Dubai / WAM The Rental Disputes Centre (RDC), the judicial arm of the Dubai Land Department (DLD), resolved 61,555 primary rental cases from 2015 to the end of 2020, representing just two percent of the total number of documented Ejari contracts (4,280,292 contracts) registered with the department during the same period, which has enhanced the community’s confidence in the laws ...