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
MEDGULF Sector Market
P/E
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  • 3-Month
  • 1-Year
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Ticker Price Change
BUPAARABIA 168.80 3.20 (1.93%)
TAWUNIYA 137.00 1.20 (0.88%)
ALRAJHITAKAFUL 134.00 0.00 (0.00%)
RASAN 85.70 -0.40 (-0.47%)
QATI 1.91 0.02 (1.05%)
Saudi Awwal Bank records SR2.1 billion net profit after zakat and income tax for 1Q25

28/04/2025

Lubna S. Olayan, Chair of the Board of Directors of Saudi Awwal Bank (SAB), announced on Sunday the bank's financial results for the period ending 31 March, 2025.

For the first three months

Saudi Gazette

stc reports strong first-quarter 2025 results with 11% rise in net profit

28/04/2025

stc announced its preliminary financial results for the period ending March 31, 2025, highlighting strong performance across key metrics.

Revenues for the first quarter reached SR19,210 mill

Saudi Gazette

Arab Bank Group profits grow 7% to $271m in Q1

28/04/2025

Arab Bank Group has reported solid results for the first quarter of 2025, with 7 % increase in net income after tax reaching $ 271 million, compared to $252.8 million for the same period last year.

Trade Arabia

Alba becomes first Mideast smelter to adopt AI analytics platform

28/04/2025

Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has cemented its position as a regional leader in industrial innovation by becoming the first aluminium smelter in the Mid

Trade Arabia

Adnoc Distribution to operate 500 high-power EV chargers by 2028

26/04/2025

Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p

Trade Arabia