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.


Saudi insurer MedGulf denies it’s considering sale of business


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


Saudi Arabian insurer MedGulf said weighing sale of business


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.



A.M. Best Assigns Ratings to Medgulf


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 135.21 176,223
SABIC 112.40 5,501,053
STC 81.90 613,277
ALMARAI 54.10 748,793
WALAA 33.40 757,302
BURUJ 34.25 27,534
TAWUNIYA 72.00 683,657
MEDGULF Sector Market
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
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Ticker Price Change
QATI 40.25 0.28 (0.70%)
TAWUNIYA 72.00 1.94 (2.76%)
BUPA 93.30 0.85 (0.91%)
QGRI 47.00 0.00 (0.00%)
ARCCI 68.80 0.02 (0.02%)
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Under the ag

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