Allianz Tarek Opens Dubai Office
Allianz Trade, a company specializing in trade credit insurance, has announced the opening of a new office at Dubai International Financial Centre ("DIFC Square") to foster its regional growth and support its long-term commitment to the Gulf Cooperation Council countries. This move follows the establishment of Allianz Trade Middle East, which operates under the supervision of Dubai Financial Services Authority, in partnership with Uhler Hermes in reinsurance arrangements to provide trade credit insurance solutions in the region. The new office aims to enhance collaboration, increase productivity, and provide greater support to regional businesses. It reflects the company's business development and expansion in the region in line with the economic growth of the Gulf states. Officials emphasize that this step reinforces Dubai's position as a leading financial hub and expands the company's platform in risk management and insurance, while continuing to support business sustainability and efficiency.
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