Unprecedented pressure is being placed on the resources needed to build and operate data centres by the rapid expansion of artificial intelligence and digital infrastructure, with global data centre power demand expected to increase by 165% by 2030.
The Central Bank of the UAE (CBUAE) issued its "Financial Stability Report 2025" yesterday, affirming the strength and resilience of the UAE financial and banking system.
The Insurers Federation of Egypt (IFE) has set out the work strategy of its technical committees for 2026, including several main tasks.
Takaful Emarat has announced strong financial results for the first half of 2026, reflecting continued growth.
Gulf Insurance Group (GIG) has announced a net profit of KWD23.8m ($76.7m) for the first half of 2026, an increase of 89.2% or KWD11.2m, compared to the corresponding half in 2025.
India has released the draft rules detailing the approvals and arrangements that the nuclear plant operators need to maintain. These include an insurance cover, financial security or a combination of both for nuclear damage.
Australia has issued a minimum standards order for on-demand delivery employees. The new order issued by Fair Work Commission (FWC) includes terms about minimum hourly rates, insurance and right to (unpaid) time away and more.
The National Insurance Commission (NAICOM) has confirmed that seven more insurance companies are fully compliant with the Minimum Capital Requirements (MCR) stipulated under the Insurance Industry Reform Act (NIIRA) 2025.
Qatar Insurance (QIC), the leading insurer in Qatar and one of the largest across the Middle East and North Africa, has announced that it delivered resilient net profit of QAR365m ($100m) in 1H2026, absorbing the impact of the regional geopolitical conflict as revenue growth and higher investment income underpin the result.
Qatar Insurance's (QIC) insurance service result for the first half of the year reflected the escalation of the conflict involving the US and Iran, one of the most significant events for the insurance market in the period.