Al Ahlia Insurance announces its maiden public offering
(Times of Oman - 20/06/2017)
Al Ahlia Insurance Company SAOG (under transformation), one of Oman's oldest insurance companies, has announced its intention to launch an Initial Public Offering (IPO) soon. The company would be offering 25 per cent of its share capital to the public
Tawuniya distributes 20 tons of food to 800 needy families
(Saudi Gazette - 19/06/2017)
AS part of its initiatives to support charitable activities, employees of Tawuniya Insurance Company distributed 20 tons of food provisions to needy families. The internal campaign was organized by the company for 30 days, which started from mid-Sha>ban
Over 70% of QIC business comes from global operations
(The Peninsula - 15/06/2017)
With over two-third of Qatar Insurance Group's business now contributed by its international operations, the Group noted that it has successfully achieved its strategic objective of "diversity and geographic expansion". The statement came from the Qatar
Meethaq raises Sukuk offering to OMR44.6 million
(Times of Oman - 15/06/2017)
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, has received the Capital Market Authority's (CMA's) approval to increase the original offer size of the Meethaq Sukuk series 1 from OMR25 million to OMR44.60 million, which is the total
Union Insurance gets nod to suspend share trading
(Gulfnews - 12/06/2017)
Union Insurance said on Sunday it had received the nod from Securities and Commodities Authority (SCA) to suspend share trading in its shares in anticipation of the finalisation of its capital restructuring process. The subscription period for its
Tawuniya unveils '360° Integrated Insurance Program for SMEs'
(Saudi Gazette - 07/06/2017)
TAWUNIYA Insurance Company launched "360° Integrated Insurance Program for Small and Medium Enterprises (SME)". The program will provide full insurance solutions to business facilities' staff. This step is part of the cooperative strategy to support the
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