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

Do you trust your insurer ?

Strongly agree
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
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

UAE banks have region’s highest proportion of government shareholding

The UAE has the region’s largest banking system, and the government owns a much larger chunk of its country's banks than others in the region.


May 27, 2010 10:09 by

The Washington-based Institute of International Finance (IIF) says UAE banks have the highest proportion of government shareholding and the lowest contribution from foreign shareholders among Gulf countries, Emirates Business reported Thursday.

By the close of last year, the government’s share in the country’s banks amounted to 42 percent of the sector, reportedly the highest proportion in the GCC region according to the report. Foreign ownership in its national banks was estimated at only 0.2 percent.

Comparatively, government ownership in regional banks stood at 20 percent in Qatar, 18 percent in Saudi Arabia, 12 percent in Kuwait, 10 percent in Oman, and nine percent in Bahrain the report said.


Tags: , , , , ,

Leave a Comment