Qatar Financial Centre

Julius Baer to expand into Qatar to drive the next phase of growth in the Middle East

Retrieved on: 
Mardi, juin 7, 2022

Julius Baer has announced its intention to set up an Advisory Office in Qatar, in an effort to expand its regional footprint in the Middle East.

Key Points: 
  • Julius Baer has announced its intention to set up an Advisory Office in Qatar, in an effort to expand its regional footprint in the Middle East.
  • Zurich/Dubai, 7 June 2022 Julius Baer has announced its plans to tap into the Qatar market by opening an Advisory Office in the Qatar Financial Centre, subject to regulatory approvals.
  • In his role at Julius Baer, he will report to Alireza Valizadeh, Chief Executive Officer, Julius Baer (Middle East) Ltd.
    Rgis Burger, Global Head Middle East & Africa at Julius Baer, comments: We have grown our Middle East business by leaps and bounds in the past decades and this move will support our next phase of growth and development in the region.
  • Alireza Valizadeh, Chief Executive Officer, Julius Baer (Middle East) Ltd. adds: Julius Baer is an established name in the Middle East with a strong position in the region.

Middle East consumer report reveals that financial planning is critical to managing today's evolving health risks

Retrieved on: 
Mardi, mai 31, 2022

According to the report, cancer was the leading cause of critical illness benefits paid (48%) over the three-year period.

Key Points: 
  • According to the report, cancer was the leading cause of critical illness benefits paid (48%) over the three-year period.
  • Overall, men accounted for two-thirds or 66% of critical illness claims and women were 34% of the claimants.
  • Our findings can be extrapolated as a reflection of changing health risks faced, especially after the pandemic.
  • It is critical for people with financial dependants to protect themselves and their loved ones I usually liken life insurance to taking a financial vaccine.

Middle East consumer report reveals that financial planning is critical to managing today's evolving health risks

Retrieved on: 
Mardi, mai 31, 2022

According to the report, cancer was the leading cause of critical illness benefits paid (48%) over the three-year period.

Key Points: 
  • According to the report, cancer was the leading cause of critical illness benefits paid (48%) over the three-year period.
  • Overall, men accounted for two-thirds or 66% of critical illness claims and women were 34% of the claimants.
  • Our findings can be extrapolated as a reflection of changing health risks faced, especially after the pandemic.
  • It is critical for people with financial dependants to protect themselves and their loved ones I usually liken life insurance to taking a financial vaccine.

i2c Partners with Qatari Fintech Startup KARTY to Launch Digital Visa Wallet

Retrieved on: 
Lundi, février 14, 2022

i2c Inc. , a leading provider of digital payment and banking technology, today announced its partnership with KARTY , a Qatar-based fintech providing tailored digital financial solutions to the MEA region, to launch a digital-first prepaid mobile wallet to the country.

Key Points: 
  • i2c Inc. , a leading provider of digital payment and banking technology, today announced its partnership with KARTY , a Qatar-based fintech providing tailored digital financial solutions to the MEA region, to launch a digital-first prepaid mobile wallet to the country.
  • View the full release here: https://www.businesswire.com/news/home/20220213005092/en/
    Leveraging i2cs global payments platform, Kartys mobile wallet will provide Visa-branded digital cards, enabling instant, cashless P2P transactions on the Visa network.
  • We look forward to partnering with this notable startup as they expand financial access through the region.
  • The product is fully digital, and features insights into spending habits, categorized budgeting, as well as peer-to-peer payments.

Zurich International Life Limited: 8 out of 10 UAE Residents Worry about the Impact of Serious Illness on Savings

Retrieved on: 
Mercredi, février 2, 2022

According to the research, more than six in 10 respondents were very or extremely worried about falling victim to a serious illness in the future.

Key Points: 
  • According to the research, more than six in 10 respondents were very or extremely worried about falling victim to a serious illness in the future.
  • The process of diagnosis, treatment and recovery from a critical illness could take a long time.
  • A serious illness like cancer or heart attack may result in a prolonged treatment and recovery period.
  • 63) under UAE Federal Law Number 6 of 2007, and its activities in the UAE are governed by such law.

Zurich International Life Limited: 8 out of 10 UAE Residents Worry about the Impact of Serious Illness on Savings

Retrieved on: 
Mercredi, février 2, 2022

DUBAI, UAE, Feb. 2, 2022 /PRNewswire/ -- Zurich International Life (Zurich), part of Zurich Insurance Group, and YouGov, a market research agency, have released the 'Critical Illness Survey Report' which gathered responses of 502 employed UAE residents aged between 24 – 45 years and without dependents on how they would cope financially should they be diagnosed with a serious illness.

Key Points: 
  • According to the research, more than six in 10 respondents were very or extremely worried about falling victim to a serious illness in the future.
  • The process of diagnosis, treatment and recovery from a critical illness could take a long time.
  • A serious illness like cancer or heart attack may result in a prolonged treatment and recovery period.
  • 63) under UAE Federal Law Number 6 of 2007, and its activities in the UAE are governed by such law.