Mubasher: Bahrain Kuwait Insurance Company gained KWD 2.301 million (approx. $6.06 million) in net profits during the first six months of 2020, 11% higher than KWD 2.073 million ($5.45 million) in the same period a year earlier. The annual rise in …
Mubasher: The ordinary and extraordinary general assembly meetings of Kuwait Insurance Company approved the proposed cash dividend distribution of 30 fils per share or 30% of the share’s nominal value for the fiscal year (FY) 2019, after excluding …
Mubasher: Arab Insurance Group (Arig) achieved a consolidated net profit attributed to shareholders of $12.8 million during the first nine months in 2019, against a loss worth $22.2 million a year earlier. Earnings per share (EPS) amounted to $6.5 …
Mubasher: Solidarity Bahrain’s profit grew by 56.8% year-on-year during the third quarter of the fiscal year 2019. The company’s profit rose to BHD 607,000 ($1.61 million) in Q3-19, compared to BHD 387,000 ($1 million) in the year-ago period, …
Mubasher: The financial statements of Bahrain Kuwait Insurance Company indicated a 41% year-on-year decrease in profits during the third quarter of 2019. The profits plunged to KWD 531,925 in Q3-19 when compared to KWD 899,028 during the …
Mubasher: Arab Insurance Group (Arig), listed on Bahrain Bourse (BHB) and the Dubai Financial Market (DFM), announced that the Central Bank of Bahrain (CBB) has advised BHB on 7 October 2019 to resume trading in Arig’s shares, according to a …
Mubasher: AM Best has affirmed Bahrain Kuwait Insurance Company’s financial strength rating of ‘A-’ (Excellent), and the long-term issuer credit rating of ‘A’, with a ‘Stable’ outlook, according to a statement to Bahrain Bourse (BHB) on Sunday. …
Mubasher: Arab Insurance Group (Arig), listed on Bahrain Bourse and the Dubai Financial Market (DFM), announced it has recorded a net profit of $7.4 million for the second quarter of 2019, against a net loss of $22.9 million in Q2-18. Earnings per …
Mubasher: Bahrain Kuwait Insurance Company has announced its financial results for the period ended 30 June 2019. Net profits attributable to shareholders rose by 97% to BHD 1.3 million ($3.44 million) in the second quarter of 2019, compared to …
Dubai – Mubasher: Arab Insurance Group (ARIG) on Tuesday reported a 249% year-on-year profit hike during the first quarter of 2019, recording $1.753 million. Net earned premiums went up to $55.74 million in Q1-19 versus $53.97 million in the …
Mubasher: Solidarity Bahrain’s profit went up 28.6% year-on-year to BHD 725,000 ($1.922 million) in the first three months of the fiscal year 2019. Revenue rose to BHD 4.07 million in Q1-19 versus BHD 3.99 million in the year-ago period, according …
Dubai – Mubasher: Arab Insurance Group (ARIG) on Thursday posted that the company incurred losses worth AED 202.02 million ($55 million) in the full-year 2018, against a profit of AED 26.52 million ($7.22 million) in 2017. Losses per share (LPS) …
Mubasher: Bahrain Kuwait Insurance on Sunday reported a slight decline in profits of 1.6% in the third quarter of 2018. The Bahrain-based insurance firm's profits amounted to BHD 1.16 million ($3.08 million) in Q3-18, down from BHD 1.18 million …
Mubasher: Arab Insurance Group (ARIG) on Sunday said it suffered losses in the first six months of 2018 following a large provision for one of its subsidiaries. ARIG logged $22.4 million in net losses attributable to shareholders between January …
Mubasher: Bahrain Kuwaiti Insurance reported a decline of 5.6% in profits during the second quarter of 2018 compared to the same period in the prior year. Earnings declined to BHD 641,000 in Q2-18 from BHD 679,000 in Q2-17, according to a bourse …
Mubasher: The shareholders of Bahrain Kuwait Insurance, which is listed on both Boursa Kuwait and Bahrain Bourse (BHB), approved raising both the authorised and paid-up capital. Bahrain Kuwait Insurance’s board members have recommended increasing …
Mubasher: Bahrain Kuwait Insurance is currently considering merging its branches and some supportive services with Takaful International, the chairman of Bahrain Kuwait Insurance Murad Ali Mohamed Murad said, according to Al Ayam Newspaper. …
Mubasher: Arab Insurance Group (ARIG) and International Financial Advisors (IFA) on Sunday said they had no ties or exposure to The Abraaj Group or any of its subsidiaries or investment funds. The companies’ separate statements come in response to …
Mubasher: Bahrain Kuwait Insurance recorded an increase of 106.4% in profits during the first quarter of 2018 compared to the same period in the previous year. Bahrain Kuwait Insurance, listed on both Boursa Kuwait and Bahrain Bourse (BHB), …
Mubasher: The board members of Bahrain Kuwaiti Insurance recommended distributing cash dividends and bonus shares for fiscal year 2017. Bahrain Kuwaiti Insurance proposed 25% and 100% of paid-up capital as a cash dividend and a bonus share, …
Mubasher: The board members of Bahrain Kuwait Insurance on 9 December approved increasing the company’s both authorised and paid-up capital. The board has recommended the ordinary general meeting (OGM) to raise the authorised capital to BHD 20 …
Mubasher: The Bahrain and Dubai-listed Arab Insurance Group (Arig) reported net loss in the third quarter of 2017. The company incurred a $28,000 in net loss in Q3-17, compared to $1.7 million net profits attributable to the shareholders in the …
Kuwait – Mubasher: Bahrain Kuwaiti Insurance Company (BKIC) posted a 52.7% year-on-year decrease in its profits during the second quarter of 2017, according to a bourse statement. Profits reached KWD 505,840 ($1.68 million) in Q2-17, compared to …
Kuwait – Mubasher: Bahrain Kuwaiti Insurance Company (BKIC) announced on Wednesday the conclusion of the unconditional mandatory cash offer to acquire 2.24 million shares or 3.59% of the total shares of Takaful International. BKIC has deposited …
