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Oman Insurance reports AED206 1mn profit

Oman Insurance Company reported a net profit of AED206.1mn for the year 2021, which is a growth of 5 per cent compared to the prior year.

Why business leaders should set the tone for mental health

Experts indicate that stress and anxiety are normal in moments of crisis. But the challenges posed by the pandemic have been enduring, and the path to normality is likely to be long. And so, the stress many of us have felt over the last year has the potential to become problematic and even damaging. Anxiety doesn’t discriminate by wealth or status. Recent data from premium health insurer Bupa Global in its Executive Wellbeing Index showed that 96 per cent of high-net-worth individuals in the UAE have experienced at least one symptom of mental ill-health since the start of the pandemic. Business leaders face a double challenge; not only must they manage their own mental health but they also have a duty to look after their employees.

Oman Insurance to sell its Turkey operations

Oman Insurance Company announced that it has entered into an agreement with VHV Reasürans, to fully sell its insurance operations in Turkey.

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