The company’s Board of Directors proposed a dividend of Dhs619.8m, which is to be paid in the first half of 2025 (H1)
According to CBUAE, the insurance sector’s growth was driven by increased policy activity, investment returns, and a rising demand for coverage in key areas such as property and employment
The country’s corporate tax regime will levy a standard rate of 9 per cent on taxable profits exceeding Dhs375,000
Overall, the tax rate will be a big win for the region’s businesses