
The well-known insurance company "Al Ain Ahlia Insurance" reported a net loss of 31.36 million dirhams in 2024, while in 2023 the company earned a net profit of 34.6 million dirhams.
This unexpected loss dynamic prompted the company's management to reconsider its sales strategies and policies. According to the representatives of the company, such financial results were caused by a number of external factors, such as economic changes and market competition.
They noted that the company began to develop new measures aimed at improving its financial sustainability and returning to profitability. Special attention will be given in this process to reducing expenses and improving the effectiveness of internal processes.
Optimistically minded representatives of the company emphasized that despite current difficulties, "Al Ain Ahlia Insurance" remains committed to strengthening its market position and ensuring stability for its clients.