Dubai Insurance Company (DIN) reported a net insurance service result of AED 108 million ($29.4 million) for the fiscal year 2024, reflecting a slight decline from AED 123 million in 2023. The company’s combined ratio rose to 91% from 86% the previous year, indicating a moderate increase in claims and expenses relative to premiums earned. […]

In a landmark move to strengthen patient protection and professional accountability, Egypt’s Financial Regulatory Authority (FRA) has issued a resolution establishing a model policy for the Government Fund for Insurance against Risks Resulting from Medical Errors. The policy forms a critical component of a unified regulatory framework, complementing the Unified Insurance Law and the Medical […]

The investment climate in Bangladesh is expected to improve markedly following the forthcoming national election, according to Mashrur Arefin, chairman of the Association of Bankers, Bangladesh (ABB). Speaking at the Fourth Bangladesh Economic Summit 2025 in Dhaka on 29 November, Arefin noted that business sentiment is currently cautious, with firms holding back on credit and […]

Dhaka Bank PLC, in strategic partnership with Mastercard, officially launched “Spark”, Bangladesh’s first dual-currency prepaid card designed exclusively for young people, on 24 November 2025. The initiative marks a significant milestone in the country’s journey towards financial inclusion, digital banking, and youth empowerment. Targeting students and young professionals, the Spark card has been created to […]

Uzma Chowdhury, Chairperson of Meghna Bank PLC and Finance Director at PRAN-RFL Group, has been distinguished with the prestigious Bangladesh C-Suite Awards 2025, earning the title of “Chief Finance Officer/Finance Director of the Year.” This accolade recognises Ms Chowdhury’s outstanding leadership in financial management, strategic planning, and corporate governance. Under her stewardship, Meghna Bank has […]

NRBC Bank PLC has been awarded the Silver Rank in the prestigious Asia Sustainability Reporting Rating 2025, reflecting its steadfast commitment to sustainable finance and corporate responsibility. The accolade was jointly presented by the National Centre for Corporate Reporting (NCCR), Indonesia, and the Institute of Certified Sustainability Practitioners (ICSP). The award was formally received by […]

BRAC Bank PLC and Sheba Merchants Limited have forged a strategic partnership aimed at providing small and medium-sized enterprises (SMEs) with integrated financial and technological support. Under this collaboration, merchants registered on the Sheba Platform can now access digital micro-loans from BRAC Bank, enabling swift capital inflows to support business growth and operational expansion. The […]