12/11/2015 07:44 AST

Sharjah Insurance Company reported on Wednesday Dh6.9 million in losses in the third quarter of this year, marking a significant drop from the Dh2.03 million in net profits reported in the same period last year.

Despite the losses during the quarter, the company recorded Dh2.3 million in net profits in the first nine months of this year — down from the Dh14.8 million in profits recorded in the same nine months last year.


Gulfnews

Sharjah Insurance swings to net loss in first quarter

16/05/2016

Sharjah Insurance Company said on Sunday it swung into a net loss in the first quarter to March.

The company posted a net loss of Dh6.91 million in the first quarter of 2016 from a net pro

Gulfnews

Sharjah Insurance schedules board meet on March 16

15/03/2016

Sharjah Insurance company said on Monday in a statement posted on Abu Dhabi Securities Exchange’s website it plans to hold its board meeting on March 16.

Sharjah Insurance Company provides

Gulfnews

Sharjah Insurance proposes dividend of 10 per cent

09/03/2015

Sharjah Insurance Company said on Sunday it proposed to distribute a cash dividend of 10 per cent to shareholders during its board meeting on March 7.

The board proposed a review of the comp

Gulf News

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SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News