UNICEF Honors Aramex for its Support of
“Send a Card, Save a Life” Campaign
Dubai, United Arab Emirates - Aramex received a certificate of appreciation in recognition of its support for the United Nations Children’s Fund (UNICEF), particularly in providing logistics support and facilitating its regional customer database to boost sales of UNICEF’s annual Seasons Greetings card campaign, ‘Send a Card, Save a Life’, in the Gulf region.
“UNICEF is grateful for Aramex’s dedication to making a positive contribution to children’s lives. Our annual campaign was highly successful thanks to the logistics company’s unwavering support of our project,” said Ayman Abulaban, UNICEF Representative for the Gulf Area.
“Partnering with UNICEF allowed us to tap into our regional customer base, network and know-how to make a difference to children’s future. We are committed to building on this partnership to develop sustainable impact,” commented Hussein Hachem, Aramex CEO for the Gulf region.
Photo caption
Ayman Abulaban, UNICEF Representative for the Gulf Area, presented a UNICEF Certificate of Appreciation to Hussein Hachem, Aramex CEO for the Gulf region.
Bahrain Takaful Sector to See Steady Growth in 2009
Nexus and Solidarity Family Takaful Launch Portfolio of Customised Takaful Products and Savings Plans
Manama, Kingdom of Bahrain
Nexus, the region’s leading financial adviser and Solidarity Family Takaful, today announced the launch of a joint marketing agreement for Takaful product in the Kingdom of Bahrain, designed to provide clients with a Shariah-compliant opportunity to protect wealth for the future.
Demand for Takaful products– products which are compliant with key Islamic tenets and based on the concept of shared responsibility – in the Middle East has increased sharply in recent months, with clients appreciating the benefits of transparency and security of such products, as well as their adherence to Islamic ethical expectations.
In 2008, the global Takaful market was estimated to be a US$2.3 billion market, with the Middle East region accounting for 46 percent of total sales, according to the Bahrain Insurance Association. International growth of the Takaful market currently stands at between15- 20 percent per annum.
Nigel Watson, General Manager of Nexus Bahrain, said: “The Takaful market is becoming increasingly sophisticated in response to customer demand, providing an equivalent level of return to conventional financial products, as well as a high level of transparency and flexibility.”
The Takaful portfolio will include takaful products such as Education, Start and Retirement plans having protection, saving and investment features, as well as takaful pure term life and other Shariah-compliant protection plans.
Gopi Rao, General Manager of Solidarity Family, said “We are seeing an increased demand for customised Takaful products in Bahrain. As part of our commitment to offering flexible products, we are working with regional insurance experts such as Nexus to further develop advanced products suitable to client requirements in Bahrain,”
While Nexus offers a highly comprehensive range of personal and corporate financial products, it is confident that Takaful will emerge as one of its most popular lines over the next 12 months.
“We believe that demand for this product range will continue to rise over the coming months, particularly as customer awareness increases. We are excited to work with Solidarity Family Takaful, a company with demonstrated brand awareness and strong localised service and marketing support,” added Watson.
Photo Caption: Nigel Watson of Nexus and Gopi Rao of Solidarity Family Takaful signing the distribution partnership agreement
