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UAE insurance sector to grow 9% in 2009
- United Arab Emirates: Tuesday, October 13 - 2009 at 12:12
The UAE insurance sector will grow by 5%-8% in 2009 despite the negative impact of the financial crisis on the sector, Fareed Lutfi, President of Dubai Insurance Group and Secretary General of Emirates Insurance Association (EIA) has said, according to MAC Capital. Lutfi added that the insurance industry in the region continues to face staff shortages and there have been no redundancies in spite of the impact of the crisis.
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StaffTuesday, October 13 - 2009 at 12:12 UAE local time (GMT+4)
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