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.


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 completed acquisition of 49.9% of Probitas Holdings (Bermuda)

08/10/2017

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

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

Ticker Price Volume
QNBK 196.99 124,786
APPC 53.30 133,976
SAICO 11.92 520,367
JARIR 154.40 89,382
SABIC 119.80 1,240,718
ALMARAI 50.90 239,969
ALINMA 22.04 8,511,404
Relative Strength
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Volume Change
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Price Vs…
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Ticker Price Change
QATI 37.14 0.59 (1.61%)
BUPA 80.00 2.10 (2.69%)
TAWUNIYA 63.20 0.70 (1.12%)
QGRI 47.47 0.00 (0.00%)
ARCCI 67.40 -0.10 (-0.15%)
S&P revises QIB outlook to ‘stable’, affirms ‘A-’ rating

11/12/2018

International credit rating agency, Standard & Poor’s (S&P) has revised the outlook on Qatar Islamic Bank (QIB) to ‘stable’ and affirmed the ‘A-/A-2’ issuer credit rating.

According to the

Gulf Times

NBF awarded ‘Best Islamic Window UAE’ award

11/12/2018

National Bank of Fujairah (NBF) announced that NBF Islamic has retained the ‘Best Islamic Window — UAE’ accolade for the third consecutive year at the Islamic Business and Finance Awards 2018.
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The Gulf Today

UAE investment group buys key stake in Gulf Navigation

11/12/2018

UAE-based Goldilocks Investment Company said it has reached an agreement with Gulf Navigation Holding, a leading maritime and shipping company based in Dubai, to acquire a 18.32 per cent stake in the

Trade Arabia

Agility Kuwait invests $100 mln in logistic technology sector

11/12/2018

Agility Public Warehousing Company (KSC) announced Monday investing $100 million for the next three years in logistic technology sector, via launching a digital platform to manage electronicallylinke

Arab Times

Alinma Bank hosts Fintech Forum

10/12/2018

ALINMA Bank hosted its first-ever FinTech-focused event at the Four Seasons hotel in last Dec. 3, 2018. The gathering was hosted by the bank in partnership with FinTech Saudi and Alinma Investment Co

Saudi Gazette