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 175.00 523,282
APPC 53.10 247,824
SABIC 122.40 2,547,798
ALMARAI 47.85 497,005
TAWUNIYA 55.50 219,705
DARALARKAN 9.44 18,192,290
SAICO 12.10 183,602
MEDGULF Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
QATI 39.89 0.49 (1.24%)
BUPA 100.60 -2.40 (-2.34%)
TAWUNIYA 55.50 0.60 (1.09%)
QGRI 48.80 0.00 (0.00%)
AWNIC 12.75 0.00 (0.00%)
QNB revises up oil price forecast to $72 for 2018

20/09/2018

QNB has revised up its forecasts for average annual oil prices to $72/b for 2018 from $69/b and to $69/b in 2019 from $66/b. Both demand and supply factors, however, suggest a tilt towards lower pric

The Peninsula

QIB wins two awards at New Age Banking Summit

20/09/2018

Qatar Islamic Bank (QIB), country’s leading Islamic bank, received two awards from New Age Banking & Finance Awards 2018, as part of the seventh edition of New Age Banking Summit Qatar which was supp

The Peninsula

Nakilat showcases its expertise at Gastech 2018

20/09/2018

Nakilat is participating in the Gastech 2018 Exhibition and Conference currently taking place in Barcelona, Spain from 17 to 20 September 2018. One of the largest LNG-centric events globally, Gastech

The Peninsula

Al Hilal Bank successfully closes $500m sukuk

20/09/2018

Al Hilal Bank, rated A2 by Moody’s and A+ by Fitch has successfully closed a $500 million 5-year Senior Sukuk. The transaction, under Al Hilal Bank’s new management team, marks the first Senior Publ

The Gulf Today

Sabic, Clariant sign deal for speciality materials

20/09/2018

Sabic, the world’s third largest diversified petrochemicals company, has signed an agreement with Clariant towards taking steps to establish certain elements of its Specialties business as a stand-al

Trade Arabia