27/09/2017 09:14 AST

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 49.9% of the ordinary shares of PHBL, Saudi Re is pleased to announce that Lloyd's has granted the required approvals on 26/9/2017 subject to receipt of the approvals of the Saudi Arabian Monetary Authority (SAMA) and the Bermudian Monetary Authority.

Saudi Re shall announce any significant developments in due course.


Saudi Re completed acquisition of 49.9% of Probitas Holdings (Bermuda)


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 a


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


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

SAUDIRE Announces the Correction in the Previous Announcement


Further to the announcement published on Tadawul's website on 19-01-2014 related to the interim financial results for the period ending on 31-12-2013 (twelve Months) where the announcement mentioned


Ticker Price Volume
QNBK 122.00 272,559
BURUJ 31.60 66,874
SABIC 97.20 1,039,482
TAWUNIYA 92.80 26,112
DARALARKAN 7.15 7,269,357
JULPHAR 2.30 0
ALMARAI 56.20 114,162
SAUDIRE Sector Market
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TAWUNIYA 92.80 -0.83 (-0.89%)
QATI 45.87 -1.53 (-3.23%)
BUPA 109.20 0.25 (0.22%)
QGRI 40.00 -0.80 (-1.97%)
AWNIC 12.75 0.00 (0.00%)
BBK reports 5.6% increase in net profit


BBK’s Board of Directors yesterday reviewed and approved the financial results of the bank for the nine months ended 30th September 2017, declaring a net profit attributable to owners of BD 44.9 mill

Press Release

Nakilat posts 9-month profit of QR607mn


Nakilat (Qatar Gas Transport Company) has reported a net profit of QR607mn in the first nine months of this year.

The board of directors noted that Nakilat’s strategic long-term charters for

Gulf Times

Saudi's Mobily blames fingerprint policy as Q3 loss widens


Saudi Arabia’s Etihad Etisalat (Mobily) reported a third-quarter loss on Monday, blaming a rule introduced last year requiring fingerprints be registered with SIM cards for shrinking the telecom mark


Bahrain to host major Islamic banking conference in Dec


The 24th edition of World Islamic Banking Conference (WIBC), the world’s longest running Islamic banking conference, is set to return to Bahrain this December, and will take stock of the most pressin

Trade Arabia

Saudi Aramco's IPO, is 'on track' for 2018, CEO Amin Nasser says


Saudi Aramco CEO Amin Nasser said the oil giant's initial public offering remains on track for the second half of 2018.

Recent reports have suggested Saudi Aramco offering could be delayed u