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Takaful Oman wins Brand Excellence Award
(Daily Muscat - 28/11/2017)

Takaful Oman, a pioneer of takaful services in Oman, received the Brand Excellence Award as the New Takaful Provider in Oman 2017. The Brand Excellence Award, which is given by Finance Digest magazine, reiterates Takaful Oman’s commitment to excellence

Tawuniya named 2017’s ‘Best Insurance Company in the GCC’
(Arab News - 26/11/2017)

The Company for Cooperative Insurance (Tawuniya) has been recognized as the “Best Insurance Company in the GCC” for 2017 by the World Finance Magazine, a leading business news magazine. The insurance company met the judging panel’s criteria and

Al Khazna says matter of share suspension private with ADX
(Gulf News - 22/11/2017)

Al Khazna said on Tuesday the matter regarding the share suspension of its publicly listed company on the Abu Dhabi Securities Exchange (ADX) was “a confidential matter” with the bourse. Shares of Al Khazna were suspended from trading since Wednesday

CFO Farah Arakji among top winners of MENA CFO Awards
(Press Release - 20/11/2017)

Abu Dhabi National Takaful Co. PSC (ADNTC), the leading takaful operator in the MENA region and one of the most progressive insurance companies in the UAE, has announced that its CFO, Farah Arakji, placed third across all industries in the ‘Women in

Union Insurance Company reports nine-month profit of Dh6.3m
(Gulf News - 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 insurance premium rose by 21.75 per cent to Dh802 million

BKIC achieves a Net Profit of BD 2.23 million
(Biz Bahrain - 13/11/2017)

Bahrain Kuwait Insurance Company’s Board has approved the financial results of the company for the period ended 30 September 2017. It should be noted that the company started from the second quarter of this year to prepare the consolidated financial

CMA approves Saudi Re request to reduce its share capital
(Press Release - 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 shares from (100,000,000) shares to (81,000,000) shares.

Takaful Emarat announces 3rd quarter 2017 results
(Press Release - 08/11/2017)

Takaful Emarat, the DFM-listed, Shariah-compliant Life and Health Takaful provider, today announced its Q3 financial results for the nine-month period ended 30th September 2017. Net Takaful Income up 62% to AED 77.9 million for Nine Month period ended 30

Adnic 9-month profit up 24pc to $47.5m
(Trade Arabia - 01/11/2017)

Abu Dhabi National Insurance Company (Adnic), a top multi-line insurance provider, has posted a net profit of Dh178.5 million ($47.5 million) for the first nine months of the year, an increase of 24 per cent over the same period last year. For the nine

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