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.
SICO retains top broker status on stock exchange
Securities & Investment Company (Sico), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced it has retained its status as the leading broker on the Bahrain Bourse (BH
Bahraini firms urged to focus on innovation
Bahraini firms need to innovate to retain their competitive advantage, according to Industry, Commerce and Tourism Ministry Under-Secretary for industrial affairs Osama Al Arrayed.
Omani firm inks mining deal with Rwanda
Rwanda-based Tri Metals Mining Limited, a subsidiary of Mawarid Mining LLC, a wholly-owned subsidiary of MB Holding Company LLC registered in the Sultanate of Oman, has signed three large-scale mini