Arab Insurance Group (ARIG) News - Mubasher Info
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16 February 11:14 PM

Arab Insurance Group (ARIG)

Last update: 09:33 AM market time.
0.95
0.05
5.56%
Open 0.95
Previous Close 0.90
High 0.95
Low 0.95
Stock Statistics
Volume 167,029
Turnover 158,677.55
All data are 15 minutes late during market session

News

EPS came in $6.5 in 9M
14 November 2019 09:48 AM Arig turns profitable at $12.8m in 9M
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 …
Company News
The CBB has advised BHB to resume trading in Arig’s shares
15 October 2019 10:37 AM CBB advises Bahrain Bourse to resume trading in Arig
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 …
Trading Activities
Consolidated investment income hiked by 97% in H1=19
8 August 2019 02:06 PM Arig logs $7.4m net profit in Q2
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 …
Financial Results
Net earned premiums went up to $55.74 million in Q1-19
15 May 2019 01:19 AM ARIG’s profit balloons in Q1
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 …
Financial Results
ARIG’s board recommended no cash dividends for 2018.
14 February 2019 02:06 PM Arab Insurance incurs AED 202m loss in 2018
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) …
Financial Results
ARIG posts major loss on subsidiary provision in H1
19 August 2018 00:21 PM ARIG posts major loss on subsidiary provision in H1
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 …
Financial Results
ARIG, IFA say they have no ties to Abraaj Group
22 July 2018 09:33 AM ARIG, IFA say no ties to Abraaj Group
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 …
Companies Investments
Arig’s net profits attributable to the shareholders increased by 20.5%
12 November 2017 05:37 PM Arig records $28,000 loss Q3
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 …
Financial Results
Photo Credit: Arabianeye-Reuters
21 March 2017 08:08 AM Arig shareholders nod to FY16 dividends
Mubasher: The ordinary general meeting (OGM) of Arab Insurance Group (Arig) approved to distribute 5 cents per share, according to a bourse statement issued on Tuesday. As of 30 March, Arig will pay an overall value of $9.9 million as cash …
Corporate Actions
The new entity will be located in Dubai International Financial Centre (Photo Credit: Mubasher)
1 March 2017 10:35 AM Arig launches new unit in DIFC
Mubasher: Arab Insurance Group (Arig) has received a licence from the Dubai Financial Services Authority (DFSA) to run its 100%-owned new reinsurance subsidiary Arig Insurance Management "DIFC" Limited (AIM), according to a bourse statement issued …
Companies Investments
Arig recorded profits worth $9.16 million in FY16 (Photo Credit: Arabianeye-Reuters)
14 February 2017 11:43 AM Arig financials turn profitable in Q4, FY16
Mubasher: Arab Insurance Group (Arig) achieved $5.76 million worth profit during the fourth quarter of 2016 versus losses of $5.82 million in the same period of 2015. Arig, which is listed on both Bahrain Bourse and Dubai Financial Market, …
Financial Results
Net profit reached $1.7 million in Q3-16- (Photo credit: Arabianeye - Reuters)
13 November 2016 09:49 PM Arig turns profitable in Q3
Mubasher: Arab Insurance Group (Arig) turned to profits in the third quarter of 2016. Net profit reached $1.7 million in Q3-16, versus $4.8 losses million in Q3-15, according to a bourse filing. The Bahrain-Dubai listed company’s profits also …
Financial Results
Photo credit: Arabianeye - Reuters
11 August 2016 02:45 PM Arig reports 72% fall in Q2 profit
Mubasher: Arab Insurance Group’s (Arig) profits declined in the second quarter of fiscal 72.2% year-on-year. Net profit reached $1.01 million in Q2-16, versus $3.63 million in Q2-15, according to a bourse filing. Gross premiums written fell in …
Financial Results
Photo Credit: Arabianeye-Reuters
11 February 2016 06:46 AM Arig turns to losses in Q4-15
Mubasher: Arab Insurance Group (Arig), listed on Bahrain and Dubai bourses, turned to losses of $5.8 million in the fourth quarter of 2015, against profits of $6 million in the same quarter of 2014, according to a bourse filing on Thursday. The …
Financial Results
Photo Credit: Arabianeye-Reuters
22 September 2015 08:30 AM Arig withdraws offer to buy Takaful Re’s entire stake
Dubai-Mubasher: Arab Insurance Group (Arig) withdrew its offer to the minority shareholders of Takaful Re Limited to buy their entire stake, according to a bourse filing. Arig, which is listed in Dubai and Bahrain, did not receive unanimous …
Mergers and Acquisitions
Photo Credit: Arabianeye-Reuters
22 July 2015 08:35 AM Arig seeks to buy Takaful Re’s remaining stake
Arab Insurance Group (ARIG) is currently running negotiations to purchase the remaining 46% stake in UAE’s Takaful Re. Arig, which is listed on both DFM and Bahrain Bourse, intends to take complete control over the Islamic reinsurance company, the …
Mergers and Acquisitions
Photo Credit: Arabianeye-Reuters
25 March 2015 09:20 AM ARIG to discuss Q1 financials mid-May
Bahrain – Mubasher: Arab Insurance Group’s (ARIG) board will meet on 14 May to discuss and approve financials for the first quarter of 2015, according to filings to the Bahrain and Dubai bourses.ARIG reported a 23% drop in its net profits for …
Company News
Photo Credit: Arabianeye-Reuters
24 March 2015 02:36 PM ARIG to pay cash dividends 2 April
Bahrain-Mubasher: Arab Insurance Group (ARIG) will start paying cash dividends at 5% of capital, or 5 cents per share, totaling $9.9 million on 2 April.Shareholders of record on 22 March are eligible for this dividend.The company operates with …
Financial Results
Photo Credit: Arabianeye-Reuters
23 March 2015 03:23 PM ARIG shareholders nod to cash distribution
Arab Insurance Group (ARIG), which is listed on Bahrain and Dubai, announced that shareholders approved on Monday the distribution of cash dividends at 5% of capital, or $0.05 per share, totaling $9.9 million.Shareholders also gave the go ahead …
Company News
Photo Credit: Arabianeye-Reuters
3 March 2015 11:29 AM ARIG to discuss $10m dividends March 23
Cairo-Mubasher: Arab Insurance Group (ARIG) will hold an ordinary general meeting on Monday, March 23, at 11:30.Shareholders will discuss the board's recommendation on paying cash dividend at 5% of capital, or 5 cents per share, totaling $9.9 …
Company News
Photo Credit: Arabianeye-Reuters
15 February 2015 10:13 AM ARIG proposes 5cent/shr dividend
Dubai-Mubasher: Arab Insurance Group (ARIG) said the board proposed cash dividend for 2014 at 5% of capital, or 5 cents per share.This proposal is subject to the approval of the next general meeting and Central Bank of Bahrain.FY14 net profit …
Company News
Photo Credit: Arabianeye-Reuters
15 February 2015 09:26 AM ARIG annual profit declines to $11m
Dubai-Mubasher: Arab Insurance Group (ARIG), a company listed in Bahrain and Dubai, posted a 23% decline in FY14 net earnings.The full-year net profit reached $11.4 million, compared with $14.87 million a year earlier.The insurer had posted $7.7 …
Financial Results
23 December 2014 10:28 AM ARIG to tackle financials in Feb
 Arab Insurance Group (ARIG) has announced that its Board of Directors will convene on Thursday, February 12, 2015, to discuss and approve the Company’s financial statements for the period ending December 31, 2014.Listed on the Bahrain Bourse (BB) …
Company News
12 November 2014 09:48 AM Arig net profits reach $9.6m in 9M
The Arig Group announced its consolidated financial results to Bahrain Bourse (BB), reporting net profits of $9.6 million during the nine-month period ending September 30, 2014, compared to $12.6 million in the same …
Banking and Finance
7 August 2014 08:10 AM ARIG H1 profit falls 10% to$4.7 mln
In its statement to the Dubai Financial Market (DFM), and the Bahrain Bourse (BB), Arab Insurance Group (ARIG) announced its financial results for the first half and second quarter of 2014, during which it registered a profit decline …
Financial Results