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

Dubai market closes at three month high

Dubai market closes at three month high

Plus, Kuwait cuts discount rate to mobilize economy, Qatar's construction sector shows growth, Kuwait’s Gulf Bank to resume trading, Compulsory registration for off-road vehicles in Dubai, says RTA

0

April 13, 2009 12:00 by



<!– /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:”"; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”; mso-fareast-font-family:”Times New Roman”;} h1 {mso-margin-top-alt:auto; margin-right:0in; mso-margin-bottom-alt:auto; margin-left:0in; mso-pagination:widow-orphan; mso-outline-level:1; font-size:24.0pt; font-family:”Times New Roman”; font-weight:bold;} p.MsoBodyText, li.MsoBodyText, div.MsoBodyText {margin-top:0in; margin-right:0in; margin-bottom:6.0pt; margin-left:0in; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”; mso-fareast-font-family:”Times New Roman”;} p.MsoBodyTextFirstIndent, li.MsoBodyTextFirstIndent, div.MsoBodyTextFirstIndent {mso-margin-top-alt:auto; margin-right:0in; mso-margin-bottom-alt:auto; margin-left:0in; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”; mso-fareast-font-family:”Times New Roman”;} a:link, span.MsoHyperlink {color:blue; text-decoration:underline; text-underline:single;} a:visited, span.MsoHyperlinkFollowed {color:#606420; text-decoration:underline; text-underline:single;} p {mso-margin-top-alt:auto; margin-right:0in; mso-margin-bottom-alt:auto; margin-left:0in; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”; mso-fareast-font-family:”Times New Roman”;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} –>

Dubai market closes at three month high

Ab: The Dubai Financial Market rose 2.4 percent to…

The Dubai Financial Market ended at a three-month closing high on Sunday, rising 2.4 percent to 5,225.16 and observing trading volumes of more than 800 million shares, reports The National.

“We are still seeing billion dollar days in Dubai, but we are not seeing that in a sustained manner, which isn’t surprising because international liquidity needs to return in a meaningful way first,” Ali Khan, managing director at Arqaam Capital told the paper.

http://thenational.ae/article/20090412/BUSINESS/528060887/1005

Kuwait cuts discount rate to mobilize economy

Ab: Kuwait’s central bank has decided to cut its discount rate by 25 basis points to…

Kuwait’s central bank has decided to cut its discount rate by 25 basis points to 3.5 percent to catalyze the local economy, reports Reuters, quoting state news agency, Kuna. The discount rate guides lending and deposit rates of local banks.

“The decision to cut the discount rate at the central bank of Kuwait contributes another dose to push the wheel of local economic activity through cutting the cost of finance,” said the central bank governor, Sheikh Salem Abdul-Aziz al-Sabah.

http://www.reuters.com/article/bondsNews/idUSLC22545120090412

Qatar‘s construction sector shows growth

Ab: According to a report, only one major project in the real estate sector was cancelled in…

According to a report published by research company Proleads, Qatar’s $82.5 billion civil construction industry is showing an upward trend in spite of the global economic slowdown. The report says that only one major project in the real estate sector was cancelled in the country during 2008.

<p>“While the Qatar economy is not immune to the global economic slowdown, it is expected to continue a reasonable rate of growth this year driven by the benefits from a long-term strategy to export liquefied natural gas from its vast gas field,’ said Emil Rademeyer, director of Proleads Global.<p>

Kuwait’s Gulf Bank to resume trading

Ab: The central bank stopped trading in Gulf Bank in October 2008 after…

Shares in Kuwait’s Gulf Bank will resume trading on Tuesday after it appointed a new chairman, reports state news agency Kuna. The central bank stopped trading in Gulf Bank in October 2008 after the bank was hit by losses from currency derivative trades.

Gulf Bank, in which sovereign wealth fund Kuwait Investment Authority (KIA) owns a 16 percent stake, has appointed former KIA head Ali Al-Bader as its new chairman.

http://www.tradearabia.com/news/CM_159530.html

Compulsory registration for off-road vehicles in Dubai, says RTA

Ab: According to officials, one-third of off-road motorbike-related accidents involve…

The Roads and Transport Authority (RTA) has announced that all off-road recreational vehicles in Dubai have to be registered with them, reports Express. “Off-road vehicles are not toys, they are powerful and potentially dangerous vehicles,” said Ali Al Jasem, director of Drivers Licensing Department at RTA Licensing Agency.

Al Jasem said quad bikes caused serious injuries and even deaths, adding that one-third of off-road motorbike-related accidents involved children. “Anyone younger than 16 years of age should never be on an adult off-road motorbike,” he added.

http://www.xpress4me.com/news/uae/dubai/20012893.html



0

Leave a Comment