DGDA signs agreement with Al Rajhi Bank to provide financing options to customers

The Diriyah Gate Development Authority (DGDA) has announced the signing of a deal with Al Rajhi Bank, a leading financial group in...

BIM

Expert insight: How insurers and banks will drive BIM for asset management

Insurance is the one of the few things that you buy and hope that you never to use. The UK's commercial property...

Construction

Emaar Properties signs final terms relating to issuance of $500m trust certificate

Emaar Properties, the Dubai-based developer, has announced that it has signed final terms related to the issuance of a $500 million trust...

Consultant

YBA Kanoo inks deal with AXA for Bahrain Bay project

Yusuf Bin Ahmed Kanoo Group (YBA Kanoo) has signed a memorandum of understanding (MoU) with insurance specialist AXA for its new real...

Fleet

AXA Gulf launches insurance cover for UAE electric vehicles

AXA Insurance Gulf has launched a first-of-its-kind insurance solution for electric vehicles in the GCC region under its Tesla Club Scheme. A...

Experts

UAE storms point to weak spots in building design, and attitudes

Rhys Steel, a Chartered Building Surveyor in Cavendish Maxwell’s Project and Building Consultancy team, reacts to the damage caused by the recent...

Fleet

Telematics ‘to shake up’ auto insurance industry – Fitch

The motor insurance industry faces a “significant shake-up” from the growing usage of telematics or vehicle-monitoring systems, according to Fitch Ratings. Telematics...

Property

Dubai fire: Emaar sees ‘no material impact’ on company, hotel insured

Developer Emaar Properties says it expects “no material impact” on its company after the New Year’s Eve fire at The Address Downtown hotel...

Construction

Saudi Binladin makes insurance claim after crane disaster

Saudi Arabia’s United Cooperative Assurance says it has received a claim from Saudi Binladin Group over the collapse of one of its...

Consultant

Doubts over insurance payouts if Qatar, Russia lose World Cup

Insurance companies are unlikely to pay out on contracts if the Qatar or Russia FIFA World Cup tournaments are cancelled in cases...

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