Methaq’s network is now composed of 4 fully-operating branches in Abu Dhabi, Dubai, Al Mirfa (in the Western Region), and Al Ain (in the Eastern Region)
Methaq Takaful also plans to open a fifth branch in Jebel Ali, Dubai. The company’s long-term strategy features successive openings of branches throughout the UAE to meet the diverse demands of its customers for insurance products.
Methaq offers car insurance, marine cargo insurance, travel insurance, residence insurance, and a small- and medium-size enterprises (SME) package, along with other products and solutions. The company has also launched, in cooperation with Al Yah Satellite Communications Company (YahSat), an innovative, one-of-a-kind Takaful insurance program for managing satellite risks. This program covers the launch of two satellites into the open space for YahSat, the first of which was successfully launched on 23 April.
Gulf states refine approach
Arabian Gulf states are expanding their refineries to export more value-added products, to develop a downstream industry and diversify income away from oil and gas, and to meet rising local demand fo
Australian minister to push GCC trade agreement
Australia’s Minister for Trade, Andrew Robb, is expected to push the UAE, Saudi Arabia and Kuwait on finalising a free-trade agreement (FTA) with the Gulf Cooperation Council (GCC) on a visit to the
GCC corporates post 6% growth in second half
The GCC’s corporates posted a six per cent growth in the second half of 2014 compared to the same time in the previous year, with total earnings in the period coming in at $32 billion (Dh117.4 billio