08/10/2017 11:37 AST

Following announcement on 01-10-2017, with regards to the Shareholder Agreement signed with Probitas Holdings (Bermuda) Limited (PHBL), Saudi Re is pleased to announce the completion of transaction and the consequent acquisition of 49.9% of the ordinary shares of PHBL.


Tadawul

CMA approves Saudi Re request to reduce its share capital

09/11/2017

The CMA has issued its resolution approving Saudi Re for Cooperative Reinsurance Company's request to reduce its capital from SAR (1,000,000,000) to SAR (810,000,000), thus reducing the number of sha

Press Release

Saudi Re is pleased to announce that Lloyd's has granted approvals

27/09/2017

Following announcement on 30-07-2017, with respect to Saudi Re announcing signing off a Shareholder Agreement with Probitas Holdings (Bermuda) Limited (PHBL), through which Saudi Re will purchase 49.

Tadawul

Saudi ratings affirmed At 'BBB+/gcAA+'; outlook stable

01/07/2015

Standard & Poor's Ratings Services affirmed its 'BBB+' long-term issuer financial strength and counterparty credit ratings on Saudi Re for Cooperative Reinsurance Co (Saudi Re). The outlook remains s

CPI Financial

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BASREC 1.38 0
UGH 1.12 0
TAKAFUL 0.09 0
TAIB 2.74 0
BANADER 0.05 0
SOLID 0.24 0
NHOTEL 0.28 0
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QATI 35.81 0.01 (0.02%)
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Shaker Group narrows Q1 losses, nets good revenue growth

20/06/2020

Saudi-based Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group), a leading importer, manufacturer and distributor of air conditioners and home appliances, has recorded a first quarter net loss of S

Trade Arabia

Work in full swing at Adnoc refining, petchem project sites

20/06/2020

Abu Dhabi National Oil Company (Adnoc) has announced that steady progress is being made on the development and expansion of refining, petrochemical and derivatives sites within its Ruwais Industrial

Trade Arabia

Ooredoo webinar with Plug and Play focuses on business ecosystem

18/06/2020

Ooredoo recently held a webinar that shared learnings and insights into best innovation practices for the business ecosystem. The live "Best Practices" webinar, held on June 10, was co-hosted with Si

Gulf Times

OAB merger with Alizz on track

18/06/2020

Consolidation in the Omani banking sector is a crucial need of the hour so that the sector could grow and stay competitive. Yet, we have not witnessed much progress to date on a wider scale. Despite

Times of Oman

Barwa Bank names winners of Thara’a draw

18/06/2020

Barwa Bank announced yesterday the names of the winners of the most recent round of Thara’a draw, its Shariah-compliant savings promotional scheme, at the Bank’s headquarters. As the draw results sho

The Peninsula