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18/05/2017 06:00 AST
United Insurance Company said it has received the approval from the Securities and Commodities Authority to extend the subscription period for shares to increase the company's capital.
The rights issue is scheduled to end on June 6, instead of the previously set date of May 18, the insurance firm said in a bourse statement.
The company had previously invited investors to subscribe in shares for increasing the company's capital. It said that subscription invitation was published in papers on March 27, 2017. The company had also previously extended the pre-emption rights trading period and has altered the subscription timeline as per the announcement published in papers on May 5.
Gulfnews
17/08/2015
Union Insurance Company said on Sunday it reported a 12 per cent rise in gross insurance premium in the first half to June.
The company reported a gross insurance of Dh331 million in the f
Gulfnews
13/05/2015
United Insurance Company remains mired in uncertainty over its survival as an ongoing financial concern, despite trimming losses for the first quarter of the year.
The Ras Al Khaimah-based
The National
13/08/2014
Union Insurance Company announced its results for the first six months of 2014, demonstrating robust financial performance.
Net profit has increased 12 per cent to AED 23.6 million compare
CPI Financial
Ticker | Price | Volume |
---|
Ticker | Price | Change |
---|---|---|
IHC | 401.70 | -0.30 (-0.08 |
FAB | 13.90 | -0.14 (-1.00 |
EMIRATESNBD | 20.15 | -0.30 (-1.47 |
ADCB | 11.10 | -0.22 (-1.95 |
EIB | 12.25 | 0.00 (0.00 |
25/04/2025
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Saudi Gazette
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The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
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The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
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Times of Oman
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The campaign, taking place from April 24-June 24, will offer win
Gulf Times