Watania International Holding PJSC (WATANIA) News - Mubasher Info
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14 January 02:27 PM

Watania International Holding PJSC (WATANIA)

Last update: 03:00 PM market time.
0.65
-0.02
-2.99%
Open 0.68
Previous Close 0.67
High 0.70
Low 0.65
Stock Statistics
Volume 4,152,266
Turnover 2,846,972.20
All data are 15 minutes late during market session

News

Photo Archive
27 March 2024 01:49 PM Watania International Holding unveils accumulated losses
Dubai – Mubasher: Watania International Holding has incurred accumulated losses valued at AED 45.90 million as of 31 December 2023, representing 17.67% of the capital, according to a bourse disclosure. The company reported an exceptional loss of …
Financial Results
Photo Archive
24 July 2023 01:44 PM Dar Al Takaful changes name, trading symbol
Dubai – Mubasher: Dar Al Takaful has obtained the regulatory approvals to change its name to Watania International Holding, according to a press release. The trading symbol on the Dubai stock exchange will be WATANIA, instead of DARALTAKAFUL, …
Corporate Actions
Photo Archive
18 June 2023 02:20 PM Dar Al Takaful incurs nearly AED 54m accumulated losses in Q1-23
Dubai – Mubasher: Dar Al Takaful reported accumulated losses amounting to AED 53.70 million as of 31 March 2023. The incurred losses account for 20.60% of the paid-up capital, according to a bourse filing. In the first three months (3M) of 2023, …
Financial Results
Photo Archive
28 March 2023 02:24 PM Dar Al Takaful rebrands to Watania International Holding
Dubai – Mubasher: Dar Al Takaful changed its trade name and object to Watania International Holding, an investment holding firm. The DFM-listed company's shareholders greenlighted the rebranding during the general assembly meeting that was held on …
Management Decisions
28 April 2022 06:34 PM Dar Al Takaful, Watania’s shareholders approve merger
UAE – Mubasher: The shareholders of Dar Al Takaful(DAT) and National Takaful Company (Watania) have granted their green light for a merger that will result in setting up the UAE’s largest Takaful provider by market share at a value of AED 260.15 …
Sukuk and Islamic Finance
The approved dividends stand at AED 0.092 per share
25 April 2021 00:50 PM Dar Al Takaful's shareholders approve 9% dividends for 2020
Dubai – Mubasher: The shareholders of Dar Al Takaful have agreed to distribute cash dividends, equivalent to 9.2% of the company's capital, for 2020. At AED 0.092 per share, the cash dividends total AED 13.8 million, according to the company's …
Cash Dividends
The cash dividend payout stands at 0.092 per share
31 March 2021 01:07 PM Dar Al Takaful recommends 9% dividends for 2020
Dubai – Mubasher: The board of Dar Al Takaful has proposed cash dividend distribution, equivalent to 9.2% of the capital, for fiscal year 2020. The recommended cash dividend stands at AED 0.092 per share, aggregating at a total amount of AED 13.8 …
Board of Directors
The company has repaid part of the acquisition financing to Emirates NBD
24 February 2021 02:37 PM Dar Al Takaful repays AED 100m of acquisition financing
Dubai – Mubasher: Dar Al Takaful has repaid AED 100 million of acquisition financing to Emirates NBD ahead of schedule, despite the uncertain business conditions due to the coronavirus (COVID-19) pandemic in 2020. In June 2020, the company has …
Banking and Finance
The dividend payout is subject to the approval of the SCA
27 August 2020 10:40 AM Dar Al Takaful's OGM approves AED 5m dividends
Dubai – Mubasher: The ordinary general meeting (OGM) of Dar Al Takaful has approved to pay out cash dividends equivalent to 3.27% of the capital for 2019. The cash dividends stand at 3.27 fils per share, aggregating at a total amount of AED 4.9 …
Cash Dividends
The UAE is the GCC region's largest life insurance market
24 August 2020 00:35 PM Noor Takaful partners with Ajman Bank for Takaful solutions
Dubai – Mubasher: Noor Takaful, a wholly-owned subsidiary of Dar Al Takaful, has entered into a strategic partnership with Ajman Bank to meet the Takaful requirements of the bank's customers. Under the partnership, the bank will have access to a …
Companies Investments
Dar Al Takaful acts as the holding company
9 August 2020 00:22 PM Dar Al Takaful appoints new CEO after acquiring Noor Takaful
Dubai – Mubasher: Dar Al Takaful has completed the acquisition of Noor Takaful and appointed Rajesh Sethi as a new CEO of the newly formed joint entities, according to a press release on Sunday. With a 30-year experience in the banking, investment …
Mergers and Acquisitions
The company has appointed Rajesh Sethi as new CEO
27 July 2020 10:30 AM Dar Al Takaful completes two acquisitions
Dubai - Mubasher: Dar Al Takaful has completed the acquisition of Noor Takaful General and Noor Takaful Family, as their shares have been transferred to Dar Al Takaful. Hence, the company has appointed Rajesh Sethi as the new CEO of Dar Al …
Mergers and Acquisitions
The transaction will have a financial impact
7 June 2020 10:26 AM Dar Al Takaful enters AED 215m acquisition agreement
Dubai – Mubasher: Dar Al Takaful has signed a legally binding share purchase agreement (SPA) worth AED 215 million to acquire the entire share capital of Noor Takaful General and Noor Takaful Family. The company entered the agreement with Noor …
Mergers and Acquisitions
The shareholders requested the chairman to add the item of acquisition
27 April 2020 10:40 AM Dar Al Takaful's OGM approves AED 215m acquisition
Dubai - Mubasher: The ordinary general meeting (OGM) of Dar Al Takaful has agreed on AED 215 million acquisition of Noor Takaful General and Noor Takaful Family. The shareholders, who own 10% or more of the company's shares, requested the chairman …
Mergers and Acquisitions
Earnings per share reached AED 0.012 in the third quarter of 2019
12 November 2019 03:01 PM Dar Al Takaful profits decline 41% in Q3
Dubai – Mubasher: Dar Al Takaful posted a 41.1% decrease in profit attributed to shareholders to AED 1.752 million during the third quarter (Q3) of 2019, compared to AED 2.976 million in the corresponding quarter last year, as shown by the …
Financial Results
Total takaful income stood at AED 17.22 million in Q1
15 May 2019 01:03 PM Dar Al Takaful posts AED 2.1m profit in Q1
Dubai – Mubasher: Dar Al Takaful has reported a profit attributable to shareholders for the first quarter of 2019 of AED 2.13 million, compared to AED 3.07 million in the year-ago period. Total takaful income stood at AED 17.22 million in the …
Financial Results
UAE-listed companies hiked their capital by AED 5.5 billion in 2017
2 January 2018 05:22 PM 15 UAE-listed firms hike capital by $1.5bn in 2017
By: Bedour Al Raie Abu Dhabi – Mubasher: UAE-listed companies increased their capital by AED 5.5 billion ($1.5 billion) in 2017 through a variety of methods, such as rights offerings in Arabtec Holding and Dar Al Takaful, or through bonus shares …
Management Decisions
The DFMGI slipped 0.06%.
29 October 2017 11:25 AM Dar Al Takaful’s stock marks 3-week low Sunday
Dubai – Mubasher: Dar Al Takaful’s stock retreated 1.5% to AED 0.98, its lowest level in three weeks, by 11:50 am UAE time on Sunday. The insurance sector shed 0.3%, while the Dubai Financial Market's General Index (DFMGI) slipped 0.06% to …
Trading Activities
Dar Al Takaful’s trading volume reached 8.86 million shares
6 September 2017 10:32 AM Dar Al Takaful stock hits highest level in 1.5M
Dubai – Mubasher: The stock of Dar Al Takaful on Wednesday registered its highest level since 20 July, rising 2.8% to AED 1.09. By 11:15 am UAE time, the stock posted the largest liquidity in the Dubai Financial Market (DFM), registering AED 9.58 …
Trading Activities
Dar Al Takaful turned to profitability in the first half of 2017
10 August 2017 04:52 PM Dar Al Takaful Q2 profits down 57%
Dubai – Mubasher: Dar Al Takaful on Thursday reported a profit decline of 57% in the second quarter of 2017, compared to the same period of the previous year. Profits reached AED 1.11 million ($30,210) in Q2-17, versus AED 2.6 million ($70,770) …
Financial Results
(Photo Credit: Arabianeye-Reuters)
9 May 2017 04:01 PM Dar Al Takaful invests AED 36.47m in securities Q1
Dubai – Mubasher: Dar Al Takaful continued to increase its investments in international securities and bonds by 31.1% in the first quarter of 2017, according to data compiled by Mubasher. Total investments in international securities and bonds …
Financial Results
(Photo Credit: Arabianeye-Reuters)
8 May 2017 08:01 AM Dar Al Takaful sees lower losses in Q1
Dubai – Mubasher: Dar Al Takaful turned profitanble in the first quarter of 2017, according to a bourse statement. The companty generated profits of AED 2.30 million ($0.626 million) in Q1-17, compared to AED 3.97 million ($1.08 million) in Q1-16. …
Financial Results
Photo Credit: Arabianeye-Reuters
15 April 2017 09:58 AM Shuaa to manage Dar Al Takaful AED50m issuance
Dubai - Mubsher: Shuaa Capital announced that it was selected as the lead manager and expert for Dar Al Takaful's proposed issuance, according to a press release. Dar Al Takaful recently announced strategies to elevate AED 50 million through legal …
Management Decisions
The issuance price will amount to AED 1.02 per share - (Photo Credit: Company website)
30 March 2017 03:12 PM Dar Al Takaful to raise capital by AED 50m late April
Dubai – Mubasher: Dar Al Takaful Company will raise its capital through a rights issue at a value of AED 50 million, according to a company bourse statement. Registered shareholders will be entitled to subscribe in the capital hike starting 20 …
Corporate Actions
Profits amounted to AED 5.08 million in 2016 - (Photo Credit: Company Website)
14 February 2017 07:31 PM Dar Al Takaful turns profitable in Q4
Abu Dhabi - Mubasher: Dar Al Takaful posted profits of AED 3.7 million ($1.01 million) in the fourth quarter of 2016, against losses of AED 1.92 million ($522,920) in the same period the year before. Annual profits totalled AED 5.08 million in …
Financial Results