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The Mediterranean and Gulf Insurance and Reinsurance Co (8030)

Last update: 03:18 PM market time.
28.40
15.10
113.53%
Open 29.35
Previous Close 13.30
High 29.70
Low 28.40
Stock Statistics
Volume 822,676
Turnover 23,935,661.95
All data are 15 minutes late during market session

General Information

Company Name The Mediterranean and Gulf Insurance and Reinsurance Co (8030)
Company Purpose Mediterranean and Gulf Cooperative Insurance and Reinsurance (known as: Medgulf) is a public company, listed on Saudi Stock Exchange “Tadawul” (TDWL) since May 2007. Medgulf operates within the Insurance sector focusing on Multi-line Insurance. Medgulf is based in Riyadh, Saudi Arabia and was established in May 2006.
Company Establish Date 06 May 2006
Financial Year Start First Quarter
Auditor
  • Suleiman Abdullah Al Kharashi Al Kharashi & Co. Certified Public Accountants and Auditors
  • Al Azem, Al Sudairy, Al Shaikh and Partners CPA's and Consultants Co
  • Ibrahim Ahmed Al Bassam and Co Legal Accountants

Ownership

  • Saudi Investment Bank (19.00%)
  • Rakan Abdullah Rashid Abunayyan (12.0551%)
  • The Mediterranean and Gulf Insurance and Reinsurance Co. B.S.C.c (11.41%)
  • The Mediterranean and Gulf Insurance and Reinsurance Co S A L (3.00%)
  • Lotfy Al Zein Holding Co (2.00%)
  • Ahmed Abdullah Ibrahim Bin Ahmed (0.0063%)
  • Shaheen Mohammed Amin Al Balushi (0.0017%)
  • Naser Hadi Abdullah Al Kahtani (0.0009%)

Management

Saleh Ali Soud Al Sagri Chairman
Rakan Abdullah Rashid Abunayyan Chairman
Raad Bin Ghaith Ghazi Al Barakati Deputy Chairman Represents Saudi Investment Bank
Yousef Hamad Suleiman Alyousefi Deputy Chairman
Mohamed El Khatib General Manager
Mohammad Bashar Fadel El Zein Board Members
Mohammed Bin Saad Bin Abdulaziz Bindawood Board Members
Mohammed Omar Saad Al Oyaidi Board Members
Ahmed Abdullah Ibrahim Bin Ahmed Board Members

Subsidiaries

  • Al Waseel for Electronic Transportation (25.00%)
  • Najm for Insurance Services (3.45%)

Contacts

Address King Saud Rd, Al Futuro Tower, PO BOX 2302, Riyadh 11451, Kingdom of Saudi Arabia
Phone +966 11 4055550
Fax +966 11 4055588
Contact Person Taghreed Qablawi