25/09/2017 10:19 AST

The Mediterranean and Gulf Insurance and Reinsurance Co. EGM held on Friday 22/09/2017 has approved the capital reduction. Thus, the fluctuation limits for The Mediterranean and Gulf Insurance and Reinsurance Co. will be based on a share price of SAR 31.60, furthermore the company will be suspended for two business days. Starting from Monday 25/09/2017, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, lifting the suspension of trading will be end of Tuesday 26/09/2017.


Tadawul

Saudi insurer MedGulf denies it’s considering sale of business

31/05/2017

The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi Arabian insurer known as MedGulf, denied it’s considering putting itself up for sale.

MedGulf isn’t exploring strategic option

Gulfnews

Saudi Arabian insurer MedGulf said weighing sale of business

29/05/2017

The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi Arabian insurer known as MedGulf, is weighing putting itself up for sale, according to three people familiar with the matter.

Me

Gulfnews

A.M. Best Assigns Ratings to Medgulf

03/01/2014

A.M. Best Europe – Rating Services Limited has assigned the financial strength rating (FSR) of A (Excellent) and an issuer credit rating (ICR) of “a” to The Mediterranean & Gulf Insurance & Reinsuran

CPI Financial

Ticker Price Volume
QNBK 195.00 109,596
APPC 53.20 7,647
JARIR 152.20 20,235
STC 84.70 9,980
CATERING 87.60 5,909
FAB 14.00 5,409,599
SAICO 12.00 75,344
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
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Price Vs…
  • 52-w high
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Ticker Price Change
QATI 37.00 0.10 (0.27%)
BUPA 78.10 -1.90 (-2.38%)
TAWUNIYA 63.30 0.10 (0.15%)
QGRI 47.47 0.00 (0.00%)
ARCCI 68.10 0.70 (1.03%)
ACWA Power, ECOHZ collaborate to empower the local communities

12/12/2018

ACWA Power, a global leader in water desalination and power generation, recently collaborated with key player in energy sector, ECOHZ, that offers global renewable energy solutions to businesses, org

Saudi Gazette

Aramco inaugurates $1.6bn energy and industrial park

12/12/2018

Saudi Aramco, the world’s biggest crude producing company, inaugurated an industrial park on Monday in Saudi Arabia's oil-rich eastern province that will cost $1.6 billion in its first phase, as the

The National

Adnoc announces crude oil reductions for January

12/12/2018

Abu Dhabi National Oil Company (Adnoc) would be reducing crude oil allocations for January in line with the recent Opec decision to cut production to rebalance oil markets.

In a tweet, Suh

Gulf News

Bank Muscat wins Best Consumer Digital Bank in Oman award

12/12/2018

Bank Muscat, the flagship financial services provider in the Sultanate has won the Best Consumer Digital Bank in Oman award by Global Finance. Winning banks were selected based on the criteria, incl

Oman Daily Observer

UIC develops AI-empowered insurance system

12/12/2018

Union Insurance Company (UIC), a leading provider of customer-focused insurance products to individuals and corporations in the Middle East, has developed an artificial intelligence (AI) system to is

The Gulf Today