GulfBase Live Support
24/03/2015 09:43 AST
After declaring Net Profits of US$ 15.6 million for the 2014 Financial Year, representing a 6.1%
average return on the company's equity, shareholders today approved a 5% cash dividend during the company's 34th Annual General Shareholders Meeting. The dividend carries a monetary value of US$ 9.9 million.
About Arig
Arig is one of the largest Arab-owned, professional reinsurance providers in the Middle East and Africa. Arig is listed on the stock exchanges in Bahrain and Dubai and offers a wide range of reinsurance products and services. Arig's subsidiaries include Takaful Re (Dubai), Gulf Warranties (Bahrain) and Arig Capital Ltd. (UK). Additional information about Arig can be obtained at www.arig.net
Arab Insurance Group (B.S.C.) is a reinsurance firm regulated by the Central Bank of Bahrain
Press Release
14/02/2018
Arig continued to generate a positive net result of US$ 7.2 million attributable to shareholders for the year 2017 (2016: US$ 9.2 million), representing a drop of 21.7% compared to the previous year,
Press Release
24/07/2015
Bahrain's Arab Insurance Group (ARIG) is in discussions to take full ownership of Dubai-based Islamic reinsurer Takaful Re, as regulatory moves add pressure on firms in the overcrowded Gulf insurance
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14/05/2015
The Arig Group delivered consolidated net profits of US$ 3.5 million for the first quarter 2015 (Q1 2014: US$ 2.8 million). Earnings from the conventional reinsurance book contributed US$ 7.4 million
Press Release
Ticker | Price | Volume |
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Ticker | Price | Change |
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IHC | 401.00 | -0.90 (-0.23 |
FAB | 16.70 | 0.10 (0.60 |
EMIRATESNBD | 23.05 | 0.25 (1.09 |
ADCB | 13.28 | -0.20 (-1.49 |
ADIB | 21.34 | -0.16 (-0.75 |
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