Alliance Insurance
ALLIANCE
1.70%
390.00
6.50
ALLIANCE
Dubai – Mubasher: Alliance Insurance announced that its board of directors has recommended a cash dividend, representing 25% of capital and totaling to AED 25 million for the year ended 2014.
The annual general meeting has been slated for Sunday, 5 April, following the approval of the relevant authorities, the filing to the Dubai Financial Market (DFM) revealed.
Alliance Insurance reported a net profit of AED 48.133 million in 2014 compared to AED 44.26 million in 2013, an increase by 9%.
Its capital amounts to AED 100 million divided on 100 million shares at par value AED 1 per share.
Source:
Mubasher