Al Khazna Insurance Company PSC News - Mubasher Info
KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
31 December 05:27 PM

Al Khazna Insurance Company PSC (AKIC)

Last update: 5 July 2020 11:55 AM market time.
1.00
-0.05
-4.80%
Open 1.00
Previous Close 1.05
High 1.00
Low 1.00
Stock Statistics
Volume 24
Turnover 23.80
All data are 15 minutes late during market session

News

The company’s capital now stands at AED 100 million
14 June 2021 05:12 PM SCA approves Al Khazna Insurance capital cut
Mubasher: The UAE Securities and Commodities Authority (SCA) has approved Al Khazna Insurance Company’s capital reduction from AED 420 million to AED 100 million. The capital cut was approved by the company’s general assembly meeting to be through …
Management Decisions
AKIC's losses increased by 135% year-on-year
18 January 2018 11:49 AM Al Khazna Insurance widens losses in 9M 2017
Abu Dhabi - Mubasher: Al Khazna Insurance Company (AKIC) reported losses for the first nine months of 2017. The company’s losses increased by 135% year-on-year to AED 106.11 million, compared to AED 44.75 million for the same period in the year …
Financial Results
Al Khazna Insurance's losses reached AED 32.95 million ($8.97 million) in Q4-16 (Photo Credit: Arabianeye-Reuters)
28 March 2017 10:57 AM Al Khazna Insurance losses widen in Q4
Abu Dhabi – Mubasher: Al Khazna Insurance Company (AKIC) said its losses rose 53% year-on-year in the fourth quarter of 2016, according to a bourse statement. Losses reached AED 32.95 million ($8.97 million) in Q4-16, compared to AED 21.53 million …
Financial Results
AKIC generated AED 31,830 after trading 13,650 shares (Photo Credit: Arabianeye-Reuters)
3 January 2017 09:57 AM Al Khazna Insurance stock up to six-month high
By: Mahmoud Gamal Abu Dhabi – Mubasher: Al Khazna Insurance Company’s (AKIC) stock saw a positive performance in Tuesday’s early trades, hitting its highest level in six months. The stock rises 14.6% or AED 0.06 to stand at AED 0.47 by 10:40am UAE …
Trading Activities
Losses widened by 70% to reach AED 45 million in H1-16 (Photo Credit: Arabianeye-Reuters)
15 August 2016 11:20 AM Al Khazna Insurance losses deepen in Q2
Abu Dhabi-Mubasher: Al Khazna Insurance saw a 58.1% rise year-on-year in its losses during the second quarter of 2016, according to a bourse statement. Losses stood at AED 34 million ($9.3 million) in Q2-16, compared to AED 21.5 million ($5.9 …
Financial Results
Finance costs stood at AED 3.16 million in Q1-16 (Photo Credit: Arabianeye-Reuters)
29 May 2016 10:20 AM Al Khazna Insurance posts higher losses in Q1
Abu Dhabi-Mubasher: Al Khazna Insurance widened its losses by 123% to AED 11 million ($2.9 million) in the first quarter of 2016, according to a statement. Losses reached AED 11 million ($2.9 million) in Q1-16, compared to AED 4.9 million ($1.33 …
Financial Results
Photo Credit: Arabianeye - Reuters
16 November 2015 02:22 PM Al Khazna Insurance 9M losses shrink by 39%
Abu Dhabi – Mubasher: Al Khazna Insurance logged AED 38.14 million ($10.4 million) net loss for the first nine months of 2015, 39% lower than the AED 62.45 million ($17 million) losses suffered in the same period a year ago. The insurer’s third …
Financial Results
Photo Credit: Arabianeye-Reuters
12 August 2015 10:04 AM Al Khazna Insurance widens losses to AED 45m
Abu Dhabi – Mubasher: Al Khazna Insurance Company (AKIC) logged a net loss of AED 44.97 million ($12.24 million) for the first half of 2015, a rise of 1.2% from AED 44.4 million ($12.1 million) for the same period in 2014. Net insurance premiums …
Financial Results
Photo Credit: Arabianeye-Reuters
29 March 2015 06:19 PM Al Khazna Insurance board proposes dividend freeze
Abu Dhabi – Mubasher: The board of Al Khazna Insurance Co. (AKIC) recommended Sunday the withholding of dividends for the fiscal year 2014.The dividend freeze proposal will be discussed in the upcoming ordinary general meeting scheduled for 23 …
Company News
Photo Credit: Arabianeye-Reuters
29 March 2015 04:01 PM Khazna Insurance cuts losses by 57% in FY14
Abu Dhabi – Mubasher: Al Khazna Insurance Co. (AKIC) reported a 57% drop in losses for 2014, down to AED 68.44 million ($18.63 million) from AED 162.87 million ($44.34 million) in 2013, according to the company’s filing to the Abu Dhabi …
Financial Results
28 September 2014 03:26 PM ADX falls 1.03% on real estate, investment sectors
The Abu Dhabi Securities Exchange (ADX) ended Sunday, the first session of the week, in the red despite opening on a high note, however the real estate sector pulled the index down.ADX’s benchmark index fell 1.03% or 52.83 pts to …
Stock Evaluations
22 September 2014 04:32 PM ADX falls for second session amid UAE market upgrade anticipation
The Abu Dhabi Securities Exchange (ADX) closed in the red on Monday, for the second successive session, falling 24.53 pts or 0.47% to 5149.80 pts, inching down slightly below the level of 5150 pts.Around 50.45 million shares changed …
Stock Evaluations
14 August 2014 09:41 AM Khazna Insurance H1 losses triple
Al Khazna Insurance Company, listed on the Abu Dhabi Securities Exchange (ADX), reported incurring a massive loss of AED 44.44 million during the first half of 2014 compared to a loss of more than AED 11 million during H1-13, …
Financial Results
11 August 2014 09:25 AM Khazna Insurance tackles financials on August 13
Al Khazna Insurance Company announced, in a statement to the Abu Dhabi Securities Exchange (ADX), that its board of directors will meet on Wednesday, August 13, 2014, at 5 pm to discuss the Company’s financials for the period ending …
Company News