The company was one of the first HMO plans by Musala Clinic in Dubai and then became a licensed TPA in 2010 under the trade name "Musala Net". Then, it was acquitted by Eram Group and the name was changed to E-Net.
Sehteq acquired E-Net in 2019 and completed the merger in 2020
The insurance authority, AI, part of the Central Bank in the United Arab Emirates canceled E-Net TPA on 20 August 2020, notification number 86 and wrote off its registration with the Central Bank. No new business was booked since then. The portfolio run-off will continue until Sept 2021.
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