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

Damas CEO denies making unauthorized deals

Tawhid Abdulla, the ex-CEO and managing director …

1

October 13, 2009 4:05 by



Tawhid Abdulla, the ex-CEO and managing director of Dubai-based jewellery group Damas denied his involvement in any unauthorized transactions, reports Reuters. “I did not do it,” Abdulla told the agency on Tuesday. “The news about me making unauthorized transactions is not true,” he added.

Damas earlier released a statement saying he had resigned “due to his disclosure to the board of what is understood to be unauthorized transactions conducted by him.” The company said that Damas’s deputy CEO Hisham Ashour, will take over his post.

Damas also said that it has asked an independent audit firm to look into the matter and release a detailed report on the unauthorized transactions, which it estimates could amount to $165 million.



1

Tags: , ,

1 Comment

  1. DeniseTheMenace on October 14, 2009 1:20 pm

    Lol …. We know what happens when the chicken come home to roost !!! (For parallel proof, study the birth and chaos of Pakistan)

    Keep Smiling…..

     

Leave a Comment