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12/06/2017 02:21 AST
Union Insurance said on Sunday it had received the nod from Securities and Commodities Authority (SCA) to suspend share trading in its shares in anticipation of the finalisation of its capital restructuring process.
The subscription period for its capital increase ended on June 6. The lead receiving bank and the external auditors of the company are currently working on the allotment of the new shares and the capital restructuring process in order to prepare the new share book, the company said in a bourse statement.
The trading will continue again after the company obtains the approval of the SCA on the subscription procedures, it added.
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Union Insurance Company, a leading provider of innovative customer-focused insurance solutions to individuals and organisations in the region, on Thursday reported that its net profit surged from a l
Khaleej Times
15/11/2017
Union Insurance Company has reported a net profit of Dh6.3 million for the first nine month ended September 30 compared to a net loss of Dh12.8 million for the same period last year.
Gross i
Gulf News
18/05/2016
Union Insurance Company, a leading provider of innovative customer-focused insurance products to individuals and organisations in the region, has reported a 40 per cent increase in gross insurance pr
Trade Arabia
Ticker | Price | Volume |
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Ticker | Price | Change |
---|---|---|
IHC | 401.90 | 1.00 (0.24 |
FAB | 16.60 | 0.10 (0.60 |
EMIRATESNBD | 22.80 | -0.20 (-0.87 |
ADCB | 13.48 | 0.48 (3.69 |
ADIB | 21.50 | 0.32 (1.51 |
30/06/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has announced that it had achieved a major occupational safety milestone by clocking 37 million safe working hours without
Trade Arabia
30/06/2025
GWC has invested heavily in creating a seamless, integrated network that connects businesses across the GCC, noted Acting Group CEO Matthew Kearns.
GWC takes pride in being at the forefront
Gulf Times
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Doha Oasis and Ahlibank have joined hands in a strategic partnership that brings together two leading Qatari institutions in a collaboration designed to elevate the lifestyle experiences of Ahlibank
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Media City Qatar and Commercial Bank have signed a service level agreement (SLA) to provide "streamlined banking support" for Media City Qatar's investors, and licensed companies.
This colla
Gulf Times
30/06/2025
Saudi Aramco has lowered its official selling prices for propane and butane for July 2025, reflecting changing global market dynamics.
In a statement released on Sunday, the oil giant set pr
Arab News