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01/01/2016 10:52 AST
Arabian shield Cooperative Insurance Company announces on the date of 31 December 2015 that it has renewed the insurance contracts ( Medical / Property / and other types of General Insurance ) with Almarai Company (related party) where HH Prince Sultan bin Mohammed bin Saud Al Kabeer the chairman of the board of directors of Arabian Shield Cooperative Insurance is also the chairman of Almarai board of directors. In Addition, Engr. Nasser bin Mohammed Al Muttawa is a Member of Arabian Shield Cooperative Insurance Board of Directors where he is a Member of Board of Directors of Almarai. The total initial value of those contracts is SAR 105 million for one year starting from 1/1/2016.that the renewal of these contracts is within the normal course of Arabian shield operations. These contracts are renewed in line with the current commercial condition prevailing in the market;These contracts will be presented in the next General Assembly for approval.
Tadawul
20/01/2014
Further to the announcement published on Tadawul's website on 19-01-2014 related to Arabian Shield Cooperative Insurance Company announces the interim financial results for the period ending on 31-12
Tadawul
21/02/2013
Arabian Shield Cooperative Insurance Company announces its Financial Results for the year ending 31/12/2012 as follows:
1.The net profit before Zakat and Income Tax is 9,244 thousan
Tadawul
20/01/2013
Arabian Shield Cooperative Insurance Company announces its Interim Financial Results for the period ending 31/12/2012 as follows:
1.The net profit before Zakat and Income Tax for the (fou
Tadawul
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
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