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14/05/2014 11:09 AST
Gulf Union Cooperative Insurance Company announced that the Board of directors has recommended on his meeting on 13-05-2014 an increase in the company's capital through offering a rights issue with a total value of SAR 165,000,000 .
The rights issue is limited to the shareholders who are registered in the shareholders register at the close of trading on the extraordinary general assembly day, which will be determined later by the company after obtaining the regulatory approvals.
The price and number of offered shares will be determined by the company during the extraordinary general assembly. The reasons for recommendations are:Support the company's growth and to strengthen and improve the solvency margin requirements.
Tadawul
19/03/2014
Gulf Union Cooperative Insurance Company announces obtaining on 17-03-2014 corresponding to 16-05-1435 the Saudi Arabian Monetary Agency (SAMA) letter No. 351000063116 dated 17-03-2014 corresponding
Tadawul
21/04/2013
GULF UNION COOPERATIVE INSURANCE COMPANY (GULF UNION) ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THREE MONTHS ENDED MARCH 31, 2013.
1.Net loss before zakat for the first quarter ended Ma
Tadawul
01/04/2013
Gulf Union Cooperative Insurance Company (Gulf Union) announces a final approval process from the Saudi Arabian Monetary Agency (SAMA) to sell three Insurance products as per their letter no (3410000
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| BUPAARABIA | 167.60 | 0.60 (0.35 |
| TAWUNIYA | 136.60 | -1.00 (-0.73 |
| ALRAJHITAKAFUL | 134.40 | 2.40 (1.81 |
| RASAN | 83.80 | 0.00 (0.00 |
| QATI | 1.89 | 0.02 (1.06 |
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
24/04/2025
QNB has launched a new campaign, aimed at rewarding customers to use their QNB Mastercard debit cards for everyday purchases.
The campaign, taking place from April 24-June 24, will offer win
Gulf Times
Financial Information Co.
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