The merged company will benefit from “significant cost and revenue synergies, reduced operating expenses, and better IT platforms to expand its product offerings”
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Abu Dhabi
Safety net provided by UAE unemployment pay will prevent poverty and distress, experts say
The unemployment insurance scheme will also benefit businesses by promoting the smooth and efficient operation of the employment market for Emiratis and expats alike, experts said
Abu Dhabi
Dubai’s Dar Al Takaful, Abu Dhabi’s Watania to merge into UAE’s largest Islamic insurance provider
The merger will involve a share swap, whereby shareholders of Watania, now listed on the Abu Dhabi Securities Exchange, will receive shares in DAT, which will represent the combined entity that will continue to be listed on Dubai Financial Market
