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Apr 2024

The boom, bust and innovation

Source: Middle East Insurance Review | Jun 2017

New products such as surety insurance – guarantees for contracts and other financial obligations – are set to grow with construction companies in the Middle East staring at major debt obligations accentuated by delays in government payments. Ms Manika Dhama of Cavendish Maxwell foresees further pain to the construction industry which will enhance the scope for more insurance products.
 

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