-
Analyst Opinions
United Arab Emirates (UAE) Wealth Management – High Net Worth (HNW) Investors
UAE Wealth Management HNW Investors Market Overview The UAE HNW population is dominated by men. Moreover, more than half of UAE HNW individuals are aged 41–60, meaning they are approaching or have already reached retirement age. Wealth preservation strategies will therefore resonate strongly with this segment. The proportion of female HNW individuals remains low but the situation is slowly evolving. Female HNW investors, particularly entrepreneurs, constitute an increasingly attractive target segment. This is partly due to initiatives such as She’s...
-
Sector Analysis
United Arab Emirates (UAE) Cards and Payments – Opportunities and Risks to 2026
United Arab Emirates (UAE) Cards and Payments Market Report Overview The UAE cards and payments market size was valued at $119.8 billion in 2022 and is expected to achieve a CAGR of more than 8% during 2022-2026. The payments landscape in the UAE is dominated by cash, which accounted for more than 64% of overall payment transaction volume in 2022e UAE Cards and Payments Market Outlook, 2022-2026 ($ Billion) To gain more information on the UAE cards and payments market...
-
Company Profile
Oman Insurance Co PSC – Company Profile
Sukoon Insurance PJSC, formerly Oman Insurance Co PSC is a subsidiary of Mashreq Bank (PSC), is a multi-line insurance company. The company offers a wide range of life insurance, general insurance, and health insurance products to individuals and business customers. It offers term life insurance, whole life insurance, critical illness insurance, unit-linked plans, individual health insurance plans, comprehensive motor insurance, third-party liability motor insurance, home insurance, travel easy policy. It also offers insurance products for group life and personal accident,...
Add to Basket -
Sector Analysis
Palestine Insurance Industry – Key Trends and Opportunities to 2026
The gross written premium (GWP) of the Palestine insurance industry was ILS1.1 billion ​($341.5 million) in 2021. The market is expected to achieve a CAGR of more than 9% from 2021 to 2026. The Palestine insurance market report gives a comprehensive overview of the Palestinian economy, government initiatives, and investment opportunities. The report also gives insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report includes details of Palestine's reinsurance business...
-
Sector Analysis
HNW Asset Allocation Trends 2018
HNW Asset Allocation Trends 2018 draws on our Global Wealth Managers Survey to analyze HNW asset allocation strategies in 17 key markets. In particular, it examines the drivers behind investment choices now and over the next 12 months. A search for yield has been the dominating theme over the past few years, which has resulted in a HNW portfolio heavily exposed to equity investments. However, after years of calm volatility returned to global markets in early 2018, and we are...
-
Sector Analysis
Payments in the UAE 2017: What Consumers Want
"Payments in the UAE 2017: What Consumers Want", report examines the consumer payments market in the UAE, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. The report also examines the main regulatory players overseeing the market. The UAE payments market is defined by a high reliance on cash among consumers, with cash accounting for 84.6% of the total payment transaction volume in 2017. This was primarily because consumers in the UAE...
-
Sector Analysis
Retail Banking Market Dynamics: UAE 2018
This report identifies the macroeconomic and competitive dynamics that impact upon the UAE's retail banking market. It provides insight into the outlook for deposits, credit cards, personal loans, and mortgages; net changes in market share across all four product areas; and overall financial performance, including profitability, efficiency, and income sources. The retail deposits market in the UAE witnessed steady growth during 2014–18, and is expected to continue along the same trend over the forecast period. The credit card and mortgage...
-
Sector Analysis
The Insurance Industry in Palestine, Key Trends and Opportunities to 2022
GlobalData’s "The Insurance Industry in Palestine, Key Trends and Opportunities to 2022" report provides detailed analysis of the market trends, drivers and challenges in the Palestinian insurance industry. It provides key performance indicators such as written premium and claims during the review period (2013-2017) and forecast period (2017-2022). The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Palestinian economy and demographics, and provides detailed information on the competitive landscape in the country. The...
-
Analyst Opinions
Consumer Payments Country Snapshot: UAE
The UAE market is defined by limited penetration of payment cards and a high reliance on cash among consumers. In spite of an increasing trend in the use of technology, contactless payment rollout and adoption have yet to reach full potential in the Emirati market and there continues to be a significant share of non-mobile wallet owners who are not interested in using mobile wallets. Pay-later cards continue to be the most frequently used cards and only 30% of Emirati...
-
Sector Analysis
HNW Asset Allocation Trends 2017
HNW investment preferences are the result of an interplay between a multitude of factors, such as macroeconomic and political conditions, risk-preferences, demographic factors, and investor attitudes. Over the next 12 months we expect further portfolio reallocation to benefit risk assets, as HNW investors globally are looking for cheap buying opportunities amid turbulent market conditions. However, there continue to be significant regional differences. The typical HNW portfolio in Asia Pacific and the Middle East is significantly more conservative than elsewhere globally,...