Al Buhaira National Insurance Co (ABNIC) News - Mubasher Info
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21 April 06:01 AM

Al Buhaira National Insurance Co (ABNIC)

Last update: 20 April 10:00 AM market time.
2.75
0.13
4.96%
Open 2.75
Previous Close 2.62
High 2.75
Low 2.75
Stock Statistics
Volume 67
Turnover 184.25
All data are 15 minutes late during market session

News

S&P affirmed ABNIC's long-term insurer financial strength and issuer credit ratings at 'BB+'
19 June 2019 09:49 AM S&P affirms ABNIC’s ratings, negative outlook
Abu Dhabi – Mubasher: Standard & Poor's (S&P) Global Ratings announced it has affirmed Al Buhaira National Insurance Co’s (ABNIC) long-term insurer financial strength and issuer credit ratings at 'BB+', with a negative outlook. “The negative …
Company News
ABNIC has uncovered its investments with The Abraaj Group
9 July 2018 06:08 PM ABNIC reveals AED 8.44m exposure to Abraaj
Abu Dhabi – Mubasher: Al Buhaira National Insurance Company (ABNIC) on Monday uncovered its investments with The Abraaj Group. ABNIC said it had AED 8.437 million ($1.95 million) in exposure to Abraaj and its funds, according to filing to the Abu …
Companies Investments
The Abu Dhabi Securities Exchange - (Photo credit: Arabianeye - Reuters)
4 April 2017 10:36 AM Al Buhaira Insurance OGM approves cash dividends
Abu Dhabi – Mubasher: Al Buhaira National Insurance Company said Tuesday that its ordinary general meeting (OGM) has approved the distribution of cash dividends worth AED 25 million for fiscal year 2016, equivalent to 10 fils per share. The record …
Cash Dividends
Profits reached AED 57.73 million in 2016 - (Photo Credit: Arabianeye-Reuters)
14 February 2017 06:53 PM Al Buhaira Insurance profits rise 293% in Q4
Abu Dhabi - Mubasher: The financial statements of Al Buhaira National Insurance Company showed a surge in profits in the fourth quarter of 2016 by 293.09% year-on-year. Profits totalled AED 12.07 million ($3.29 million) in Q4-16 compared to AED …
Financial Results
Photo Credit: Arabianeye-Reuters
3 August 2016 10:57 AM ABNIC Q2 profits up 9%
Abu Dhabi - Mubasher: Al Buhaira National Insurance Co. (ABNIC) recorded a 9% year-on-year increase in profits in the second quarter of 2016, to AED 12.74 million ($3.47 million), the company announced on Wednesday. ABNIC profits also grew 17.3% …
Financial Results
S&P confirmed its credit rating for ABNIC at “BB+" - (Photo Credit: Arabianeye-Reuters)
12 July 2016 11:10 AM S&P affirms ABNIC’s credit rating at ‘BB+’
Dubai-Mubasher: Standard & Poor's (S&P) confirmed its credit rating for Al Buhaira National Insurance Co. (ABNIC) at “BB+,” with a stable outlook, according to its report. The agency stated that the rating reflects ABNIC’s satisfactory business …
Ratings
Investment income grew 22.2% to AED 14.23 million (Photo Credit: Company Website)
16 May 2016 09:40 AM Al Buhaira National profits rise in Q1
Abu Dhabi-Mubasher: Al Buhaira National Insurance Co. reported a 23.7% rise in its quarterly profits, according to a bourse statement. Profits stood at AED 19.29 million ($5.25 million) in Q1-16, compared to AED 15.6 million ($4.25 million) in …
Financial Results
Al Buhaira National Insurance's headquarters (Photo Credit: Company website)
2 May 2016 01:00 PM Al Buhaira National Insurance to pay 10% dividends
Abu Dhabi-Mubasher: Al Buhaira National Insurance Co’s shareholders agreed on distributing 10% cash dividends of the capital for the fiscal year 2015, with a total of AED 25 million ($6.81 million), according to an issued statement. During FY15, …
Corporate Actions
Al Buhaira to decide on dividends 30 April (Photo Credit: Arabianeye-Reuters)
20 April 2016 09:16 AM Al Buhaira Insurance to discuss dividends late April
Abu Dhabi-Mubasher: The shareholders of Al Buhaira National Insurance Co. (ABNIC) will discuss on 30 April cash dividends proposed by the board at 10% of capital for 2015, according to a bourse statement. The dividend payout stands at a total of …
Event
Photo Archive
15 February 2016 00:30 PM Al Buhaira Insurance turns profitable in Q4
Abu Dhabi-Mubasher: Al Buhaira National Insurance Co. posted earnings of AED 7.2 million ($1.96 million) for the fourth quarter of 2015, against losses of AED 13.2 million ($3.6 million) in the year-earlier period. Full-year net earnings climbed …
Financial Results
Photo Credit: Arabianeye-Reuters
15 November 2015 10:20 AM ABNIC profits decline 16% in 9M
Abu Dhabi-Mubasher: Al Buhaira National Insurance Co. (ABNIC) reported a 15.7% profit decline to AED 43.3 million ($11.8 million) in the first nine months of 2015, compared to AED 51.4 million in the same period of 2014, according to a bourse …
Financial Results
Photo Credit: Arabianeye-Reuters
6 August 2015 10:30 AM UAE’s ABNIC posts 10% rise in H1 profits
Abu Dhabi – Mubasher: Al Buhaira National Insurance Co. (ABNIC) reported a 9.6% rise in its net profits for the first half of the year to AED 34 million, compared to AED 31 million in the same period in 2014, according to a filing to the Abu Dhabi …
Company News
Photo Credit: Arabianeye-Reuters
28 April 2015 09:10 AM Al Buhaira Insurance OKs dividend freeze
Abu Dhabi – Mubasher: Shareholders at Abu Dhabi-listed Al Buhaira National Insurance Co. (ABNIC) approved the company’s financials for the fiscal year 2014 and decided to withhold dividends for the year and postpone them to FY15.ABNIC previously …
Company News
27 November 2014 03:59 PM ADX falls to lowest level on banking sector losses
The Abu Dhabi Securities Exchange (ADX) ended Thursday in the red, recording its third successive decline this week after its benchmark index shed 0.46% or 22.36 points to 4797.90 points.Turnover was weak amounting to AED …
Trading Activities
31 July 2014 11:25 AM Al Buhaira Insurance profit rises 25% in H1, drops 22.5% in Q2
Abu Dhabi-listed Al Buhaira National Insurance Co. announced that its net earnings rose 25.4% in H1-14 but fell 22.5% in Q2-14.H1-14 net profit amounted to AED 31.159 million, compared with AED 24.846 million in the year-earlier …
Financial Results