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The Mediterranean and Gulf Insurance and Reinsurance Co (8030)

Last update: 03:18 PM market time.
23.66
-0.28
-1.17%
Open 24.00
Previous Close 23.94
High 24.40
Low 23.48
Stock Statistics
Volume 3,411,029
Turnover 81,415,864.84
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
  • Al Azem and Al Sudairy CPA's and Consultants Co
  • PKF Ibrahim Ahmed Al Bassam and Co Allied Accountants

Ownership

  • The Mediterranean and Gulf Insurance and Reinsurance Co. B.S.C.c (20.25%)
  • Abdullah Abunayyan Trading Corp (19.98%)
  • Saudi Investment Bank (19.00%)
  • 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%)
  • Rakan bin Abdullah Abunayyan (0.0043%)
  • Shaheen Mohammed Amin Al Balushi (0.0017%)
  • Naser Hadi Abdullah Al Kahtani (0.0009%)

Management

Saleh Ali Soud Al Sagri Chairman
Rakan bin Abdullah Abunayyan Chairman
Abdulaziz bin Badr bin Mohamed Al Abduljabar Deputy Chairman
Tariq bin Abdullah Hassan Al Naeem CEO
Mohamed El Khatib General Manager
Ahmed Abdullah Ibrahim Bin Ahmed Board Members
Mohamed Saad Abdulaziz Al Mugren Board Members
Suliman Abdulaziz Suliman Al Obaid Board Members
Naser Hadi Abdullah Al Kahtani Board Members
Mohammed Omar Saad Al Oyaidi Board Members
Mohamed Bin Saad Bin Abdulaziz Bin Dawood Board Members
Yousef Hamad Sulaiman Al Yousefi Board Members
Raad Ghaith Ghazi AlBarakati Board Members Represents Saudi Investment Bank
Mohammad Bashar Fadel El Zein 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