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RegulationConfirmedUAE
CBUAE approves new insurance licensing, broker and telemarketing rules
The CBUAE board has approved three new regulations covering insurance licensing, insurance brokers and telemarketing, tightening how intermediaries are authorised and how financial products are sold. Brokers should read the licensing and conduct changes closely, and the telemarketing rules, which align the sector with Cabinet Resolution 56 of 2024, will raise compliance costs for anyone still leaning on outbound sales.
RegulationConfirmedOman
Oman's FSA reworks unified motor policy around direct compensation
Oman's Financial Services Authority has overhauled the unified motor policy so an accident victim now claims directly from their own insurer, which then recovers from the at-fault carrier, with no deductible on standard cover. The changes add binding settlement timelines and compensation where repairs run late, shifting friction from policyholders onto insurers' claims operations.
GovernanceCorroboratedSaudi Arabia
Tawuniya secures CMA approval for a 50% capital increase
Tawuniya has obtained Capital Market Authority approval to lift its share capital by half, from SAR 1.5bn to SAR 2.25bn, through a one-for-two bonus issue funded from retained earnings and subject to an extraordinary general meeting. The move thickens the market leader's capital base ahead of the Kingdom's move to risk-based capital in 2027 and keeps it well clear of a field regulators are steering towards consolidation.
CompanySingle-sourceSaudi ArabiaUAE
Tawuniya leads a $2.8m round in agri-trade platform Maalexi
Tawuniya led an oversubscribed $2.8m round in Maalexi, a UAE-based agricultural trade platform, alongside Global Ventures. For the Kingdom's largest insurer this reads as a bet on risk-linked trade infrastructure rather than a core underwriting play, and it is worth watching as GCC carriers hunt for data and returns beyond premiums.
Each item is a short editorial summary with a link to the original source. Items marked Rumour · unverified are unconfirmed and should be treated with caution. Compiled automatically; corrections welcome.