UAE – Insurers target small and medium enterprises
Saturday, 03 18 2017, Category: Insurance and Reinsurance, Country: U.A.E
The insurance companies operating in the country are targeting small and medium-sized enterprises, which represent 94% of all the companies operating in the country. Such enterprises employ 72% of the workforce of the country, represent 95% of the companies registered in Dubai and 42% of the Dubai workforce and contribute to 40% of the Gross Domestic product of this emirate. The Dubai Vision 2021 aims at boosting the contribution of small and medium-sized enterprises to the gross domestic product of Dubai to 45% by year 2021 according to a study prepared by “Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development”.
Source: Economic Al Khaleej