MENA: Region could create 10m new jobs by 2050 through decarbonisation and green industrial growth

Published on December 11, 2023
The Middle East and North Africa (MENA) region could create 10m new jobs, and accelerate GDP to 7.2% and employment to 5.3% in less than three decades, through strong industrial and climate
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Saudi Arabia: Oil giant's captive insurer's financial performance expected to remain strong

December 11, 2023
Saudi Arabian Oil Company's (SAOC) captive insurance company, Bermuda-based Stellar Insurance, is expected to show a strong performance in 2023 and prospectively, says AM Best.

Guidewire shrinks net loss, increases revenues for fiscal Q1

December 11, 2023
Guidewire Software, a platform provider for property and casualty re/insurers, has reported a net loss of $27.1 million for the first quarter of fiscal year 2024, compared with $69.3 million for the same period in the previous fiscal year.Similarly, the company’s loss from operations saw a loss of $33.8 million for the first quarter of fiscal year 2024, a lower figure compared to the $74.6 million