Insurance

Kuwait Finance House Spearheads RegTech in the GCC with Expanded Partnership with Codebase Technologies

9th June 2021, Manama, Bahrain: Codebase Technologies (CBT), a global API banking solutions provider, has been selected by Kuwait Finance House Bahrain (KFHB), a pioneer in the global Shari’a banking space, to expand the bank’s digital market leadership with a streamlined regulatory reporting platform to enhance transparency and automate backend compliance operations. As banking and financial...

Kuwait Finance House Spearheads RegTech in the GCC with Expanded Partnership with Codebase Technologies

9th June 2021, Manama, Bahrain: Codebase Technologies (CBT), a global API banking solutions provider, has been selected by Kuwait Finance House Bahrain (KFHB), a pioneer in the global Shari’a banking space, to expand the bank’s digital market leadership with a streamlined regulatory reporting platform to enhance transparency and automate backend compliance operations. As banking and financial...

KLAIM Partners with ANOVA Health to Transform Medical Claims Processes in Saudi Arabia

Riyadh, Saudi Arabia (16.05.2021) – KLAIM, an innovative healthtech-fintech startup dedicated to simplifying medical billing and claims processes, announced today a partnership with ANOVA Health to help hospitals, clinics, pharmacies, and laboratories transform their billing operations in accordance with the Kingdom of Saudi Arabia’s Council of Cooperative Health Insurance (CCHI) new guidelines....

KLAIM Partners with ANOVA Health to Transform Medical Claims Processes in Saudi Arabia

Riyadh, Saudi Arabia (02.05.2021) – KLAIM, an innovative healthtech-fintech startup dedicated to simplifying medical billing and claims processes, announced today a partnership with ANOVA Health to help hospitals, clinics, pharmacies, and laboratories transform their billing operations in accordance with the Kingdom of Saudi Arabia’s Council of Cooperative Health Insurance (CCHI) new guidelines....

XLIX art project public exhibition at 2 more locations

Dubai, 07 April 2021 Griet Van den Auwelant presents XLIX, an all female artist collaboration. The grass roots art project continues it’s public exhibition tour on World Art Dubai at DWTC.  The installation of 49 concrete sculptures includes the work of 34 female artists living in the Emirates. The collaborative artwork represents women empowerment and celebrates the cultural diversity in the...

UAE homegrown Fitness brand GymNation partners with Heroes of Hope in support of People of Determination across the UAE

GymNation, the UAE’s leading gym operator, today announces the success of its partnership with inclusive sports community NPO, Heroes of Hope. The partnership was set up at the start of November 2020, to reaffirm GymNations focus on supporting UAE communities, by providing People of Determination the opportunity to excel through employment and access to fitness. The partnership comes in response...

AEVICE HEALTH AND THB GLOBAL SIGN MOU TO ADVANCE REMOTE MONITORING OF CHRONIC RESPIRATORY DISEASE IN MENASA REGION

COVID-19 has disrupted the access to care for many patients globally, with global surveys showing asthma and COPD being among the most impacted chronic conditions in which healthcare resources are reduced due to the pandemic. With travel restrictions, patients are facing difficulties seeking regular treatments for their chronic conditions. While many patients are encouraged to turn to telehealth...

Emirates Driving Institute wins RoSPA Award for fleet safety

Dubai, July 26, 2020: Emirates Driving Institute, based in Dubai, is celebrating its success after landing an internationally-recognized award for demonstrating high health and safety standards. Emirates Driving Institute has received a RoSPA Fleet Safety Trophy for working hard to ensure its staff, customers, suppliers, contractors, and partners get home safely to their families at the end of...

Yes Full Circle’s Proteco division unveils pioneering integrated brand protection and zero waste facility in Dubai

Yes Full Circle’s Proteco division officially launched a pilot plug and play facility that provides integrated brand protection, secure destruction and closed loop/zero landfill recycling solutions.   The facility uses proprietary technology to provide full traceability to confirm and validate the entire destruction and recycling process (a global first). The audit trail is stored on Green...

How to invoice international clients

Here’s a few things to keep in mind for a new business startup when invoicing international clients:   List the details It is mandatory to issue an invoice for any product or service that is up for sale in the UAE. In addition to detailing the nature of the work, it also needs to include the following: -       Complete customer (name and address) and supplier information, including the...

How do I navigate taxes in Dubai?

 As far as Dubai is concerned, the taxes owed by a business depends on the nature of its activities, geographical zone and trading partners. In UAE, it’s also important to know what kinds of tax concessions are currently being offered to foreign investors and startup founders. This can impact what kind of organisational structure and location you choose when you start a business in Dubai.   In...

Noor Takaful and CAFU sign partnership to bring essential services to your door

Noor Takaful | Ethical Insurance and CAFU signed a partnership virtually, giving their customers savings and service benefits that are geared towards helping customers keep their vehicles and insurance in top shape while society stays at home in an effort to curb the spread of the Covid-19 pandemic. As the lockdown mandate is lifted, this partnership will ensure that customers continue to save...

UAE’s first virtual signing takes place to signify partnership and announce new finance solutions for SMEs and corporates

Noor Takaful | Ethical Insurance and Deem, a digitally-led financial services provider, have signed a partnership that brings the best of insurance and personal finance together. In light of the impact caused by the COVID-19 pandemic, this partnership will create new solutions for corporates and SMEs to access Insurance products online while they are working remotely and quarantined from their...

How to implement the perfect employee incentive scheme

Business startups in the UAE tend to offer two main kinds of incentives to employees: cash bonuses and stock ownership.    Cash bonuses  Simply put, cash bonuses are pre-set payments that are awarded to employees when their performance empowers the company to fulfil certain objectives. Some companies choose to offer annual bonuses to staff; others stagger payments over a more extended time...

Tips for ensuring the smooth opening of a corporate bank account in Dubai

As of June 2019, there are 22 locally incorporated banks in Dubai. Moreover, there are 27 branches of regional and international banks in the UAE, most of which have a presence in Dubai. With about 45 banks to choose from, new investors looking to register a business in Dubai must carefully select a bank that supports their business needs.    When opening a business in UAE and choosing a...

Transforming Financial Services Compliance for The Digital Age

United MakGroup Technologies LLC Joins Verint Financial Compliance Partner Program    Dubai, UAE, February 2, 2020 – United MakGroup Technologies LLC, a leading mission critical technology solutions specialist in the Middle East with domain expertise in banking and financial institutions, today announced it has joined a financial compliance partner program created by Verint® Systems Inc....