Al Buhaira National Insurance Co.
Fouad Eldady has significant work experience in the legal field. Fouad worked as the Head of the Legal Department at Al Buhaira National Insurance Co. starting from February 2015. Prior to that, they worked as a Legal Consultant at Planet Pharmacies LLC, providing legal advice on various matters and reviewing contracts and agreements. Fouad also held the position of Legal Consultant at Al Otaiba Advocates & Legal Consultants, where they had 28 years of experience in the insurance sector and held various roles such as being a Senior Manager of the Legal and Compliance Department at ADNIC. Fouad Eldady has a strong knowledge of insurance laws and has been actively involved in insurance-related conferences and courses. Fouad started their career in 1985 as a Senior Manager - Legal at Abu Dhabi National Insurance Company (ADNIC) and held this position until 2013.
Fouad Eldady obtained their bachelor's degree from Cairo University's faculty of law between the years 1979 and 1982.
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Al Buhaira National Insurance Co.
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Al-Buhaira was established in 1978 under the decree of H.H. the Ruler of Sharjah. It is registered in the “Register of Insurance Companies” of the Ministry of Economy and Commerce Registration No. 15. Al Buhaira is a UAE Public Share Holding Company with a paid up capital of AED 250,000,000 and assets of over AED 1,528,000,000. With effect from 16th February, 2005, Al-Buhaira National Insurance Co has been listed at the Abu Dhabi Securities Market and its share is now being traded as a premier stock. The company is in the process of implementing a well planned growth strategy to meet with the ever growing aspirations of our shareholders. Al-Buhaira National Insurance Co’s track record in the industry has been consistently successful owning to the trust and confidence of our valued clients. The company has progressed very well over the past few years with premium income increasing from AED 24,000,000 in 1986 to AED 550,000,000 in the year 2007, an increase of around twenty three folds. Having established itself as a leading insurer in the UAE market, Al-Buhaira is confidently looking forward to play a larger role in the development of insurance industry in the country by continuously updating its range of products and upgrading its services. The ABNIC Vision To be a world class leading insurance company in the country and to contribute positively in the development of economy of the United Arab Emirate The ABNIC Mission Our mission is to provide diverse insurance products adaptable to any future changes for offering highest level of security surpassing best industry standards. We undertake to provide prompt, courteous and efficient claims service exceeding customer expectations.