Special Report on
Consumer Protection Law of UAE
Consumer Protection Law of UAE - Trends
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The fact that penetration rates in the insurance markets, both life and general, of the Middle East and North Africa (MENA) region remain vastly below the levels seen in Western economies is well known. That factor, combined with the enormous opportunities in the region, has more than any other driven the huge growth in interest in the MENA insurance markets in the last decade, whether by expansion of existing local players to other countries in the region, or through the entry of global insurance players keen to take a slice of the action. The corollary of the rapid growth of MENA insurance markets is that it also requires ...
This is as per the Federal Consumer Protection law 24, 2006, said Dr Hashim Al Nuaimi, Director of Consumer Protection Department, while meeting representatives of car dealers at the Ministry headquarter in Abu Dhabi. Dr Al Nuaimi said there are three cases for car recalls - safety defects, manufacturing defects and normal recall that can be resolved through routine maintenance. He asked the representatives to provide warranties for spare parts for up to six months according to the consumer protection law. He also instructed them to extend more attention to the consumers who report ... Read More
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