close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

Shuaa seen swinging to profit in Q4 – CEO

The mandates for IPOs were in the healthcare, consumer and food product sectors-says CEO.

0

October 20, 2010 8:36 by



Investment bank Shuaa Capital expects to swing to a profit in the fourth quarter and has mandates for five initial public offerings in the United Arab Emirates, its chief executive said on Tuesday.

Sameer al-Ansari told the Reuters Middle East Investment Summit in Dubai on Tuesday the mandates for IPOs were in the healthcare, consumer and food product sectors.

The IPOs could be concluded in 2011, while a planned IPO for an Abu Dhabi-based infrastructure firm may instead be a private placement, he said.

Ansari also said the firm, which reports third-quarter results in November, does not expect provisions or impairments in the quarter.

Shuaa, 48.4 percent owned by the ruler of Dubai, posted a second-quarter loss of 56.6 million UAE dirhams ($15.41 million), hit by a fall in the value of its investments and dwindling trading volumes.

Ansari, who has been focused on divesting Shuaa’s legacy portfolio after taking the helm in September 2009, said there were 300 million dirhams in assets for sale. (Reporting by Tamara Walid; Editing by David Holmes)



0

Tags: , , , ,

Leave a Comment