Sukoon Insurance today announced that S&P Global Ratings has reaffirmed its ‘A’ issuer credit and insurer financial strength ratings, along with a stable outlook. The reaffirmation also extends to its subsidiary, Sukoon Takaful. This rating underscores Sukoon’s unwavering financial resilience, robust risk management, and strategic growth trajectory in a complex macroeconomic environment. In its latest
OGold, the UAE’s premier Shariah-compliant gold and silver-backed Super App, has secured a strategic investment from Plug and Play Ventures, the venture capital arm of a world-leading innovation platform and startup accelerator headquartered in Silicon Valley, which connects high-growth companies with global corporations, investors, and strategic opportunities to scale internationally. This institutional backing signals a
Tether, the largest company in the digital asset industry, today announced the launch of the world’s first gold-backed Visa neobanking card in collaboration with Fasset, a stablecoin neobanking and investment platform that allows users to receive money, invest, earn, and make payments from anywhere in the world — marking a strategic step towards mainstream use cases for
An artificial intelligence leader, a genomic scientist, a security specialist, a public policy advisor, and a space technology executive are the newly named Fellows of the UAE’s National Experts Programme (NEP) – a selective designation awarded to Emirati professionals assessed as ready to contribute to five sectors central to the country’s national priorities. NEP’s Cohort
Adrián Otaegui produced the best result in UAE golf history on the DP World Tour, finishing runner-up at the Volvo China Open in Shanghai on Sunday, as Bernd Wiesberger secured the title. Otaegui started steadily before a stunning third-round 62 (-10) propelled him into the lead. He held top spot through the front nine on
Leading hotels across Ajman have expressed strong support for the strategic incentive package recently introduced by the Ajman Department of Tourism Development, describing it as a timely and decisive measure that reinforces collaboration between the public and private sectors. Senior hospitality leaders noted that the initiative provides critical support to address current operational pressures, ensuring
The United Arab Emirates remains a pivotal force in the global campaign against malaria. Through humanitarian initiatives and strategic financial contributions, the nation continues to accelerate the drive toward the disease’s eventual eradication. This commitment comes as World Health Organisation (WHO) estimates reveal that malaria affected approximately 282 million people globally in 2024, an increase
