As part of achieving its goals, Salik Company aims to strengthen its social and ecological accountability and contribute to achieving sustainable development in the UAE, in accordance with the principles of the UN Global Compact. It implements this partnership with Levant Insurance for the provision of leading insurance solutions in the market.
The partnership between Salik and Levant, a leading company in multi-line insurance in the Persian Gulf region, helps provide advanced insurance solutions. Premiums increased by 8.7%, premium income grew by 71.3%, and the number of vehicles registered in the system reached 498.1 million trips, increasing by 8%.
In the past year, Salik's revenue totaled 2.3 billion dirhams, with a net profit of 1.6 billion dirhams expected in 2024. Salik plans to increase its revenue by 28-29% in 2025. The President of Salik, Mubarak Al-Muhair, expressed satisfaction with the company's results, emphasizing the importance of its strategy and business model.
Salik's CEO, Ibrahim Sultan Al-Haddad, emphasized the strengthening of the company’s financial stability, announcing plans for further revenue increases and improvements in customer service quality.
