Malakut Insurance Brokers branch in Dubai has obtained licence for insurance and reinsurance broker activity in United Arab Emirates (UAE). Licence No 628420 was issued by Department of Economic Development, Government of Dubai at 20th August 2009. Malakut Insurance Brokers LLC is the first licenced company in Emirates among Russian insurance business. The Company will be headed by Rinat Mustafin. New branch in UAE will be operating in accordance with main principles of Moscow Head office that has allowed it to get leading position on the market and establish reputation of reliable business partner.

Andrey Dolgopolov, Chairman of Malakut Board, Moscow has announced that "opening of new branch is a good opportunity for growth in Middle East. UAE business economical strength will facilitate development of Company group. Besides offices in CIS, Latin America and Asia new branch will substantially strengthen global activity of Malakut".