Kuwait’s GIC Gulf Insurance acquires French insurer AXA Gulf

French insurance giant AXA Group announced it has relinquished its Gulf region operations to GIC Gulf Insurance for $290 million as it moves to slim its activities. The transaction will enable GIC Gulf Insurance to take control of Axa Gulf Read more

Bahrain halts flights to destinations flagged covid-19 risky

Bahrain has temporarily suspended flights to a number of destinations judged risky as part of the Gulf country’s efforts to stem the spread of covid-19 pandemic. The Undersecretary for Civil Aviation Affairs at the Ministry of Telecommunications Mohammed Thamer Al-Kaabi, Read more