Saudi Enaya Cooperative Insurance Co (ENAYA) News - Mubasher Info
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21 January 05:41 PM

Saudi Enaya Cooperative Insurance Co (8311)

Last update: 03:10 PM market time.
8.07
0.73
9.95%
Open 7.33
Previous Close 7.34
High 8.07
Low 7.33
Stock Statistics
Volume 534,990
Turnover 4,193,124.21
All data are 15 minutes late during market session

News

Photo Archive
11 September 2024 00:57 PM Saudi Enaya obtains regulatory nod for capital raise
Riyadh – Mubasher: The Capital Market Authority (CMA) approved the request of Saudi Enaya Cooperative Insurance Company to raise its capital by SAR 150 million. The insurance firm aims to increase its capital to SAR 380 million from SAR 230 …
Corporate Actions
Photo Archive
14 July 2024 05:00 PM Saudi Enaya enters into insurance agreement with Fakeeh Care
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company has been awarded and signed an insurance contract with Dr. Soliman Abdel Kader Fakeeh Hospital Company (Fakeeh Care Group) on 12 July 2024. Saudi Enaya received a confirmation to provide …
Management Decisions
Photo Archive
18 April 2024 00:54 PM Saudi Enaya submits capital hike request to CMA
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company submitted an application file to the Capital Market Authority (CMA) on 17 April 2024 to increase its capital to SAR 380 million. The insurance firm plans to raise its capital by offering …
Banking and Finance
Photo Archive
18 March 2024 05:00 PM Saudi Enaya shifts to profitability in 2023
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company turned to profitability during the full year 2023, recording a net profit after Zakat attributable to shareholders of SAR 20.22 million, compared to a net loss of SAR 6.35 million a year …
Banking and Finance
Photo Archive
27 December 2023 04:35 PM Saudi Enaya, United Cooperative’s shareholders give different votes for merger
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Saudi Enaya Cooperative Insurance Company rejected the merger offer submitted by United Cooperative Assurance Company, while the latter’s shareholders approved merging into Saudi Enaya, …
Mergers and Acquisitions
Photo Archive
21 November 2023 04:04 PM CMA approves United Cooperative’s capital raise for merger with Saudi Enaya
Riyadh – Mubasher: The Capital Market Authority (CMA) recently approved United Cooperative Assurance Company’s (UCA) request to increase its capital by SAR 192.60 million to conclude the merger with Saudi Enaya Cooperative Insurance Company. …
Management Decisions
Photo Archive
5 November 2023 06:16 PM Saudi Enaya swings to profits in 9M-23, unveils over SAR 42.5m accumulated losses
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company achieved a net profit before Zakat of SAR 20.76 million in the first nine months (9M) of 2023, compared with a net loss of SAR 13.57 million in 9M-22. Earnings per share (EPS) reached …
Financial Results
Photo Archive
24 November 2022 04:25 PM Saudi Enaya raises over SAR 80m in rights issue
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company recorded a 61.66% coverage of its rights issue and new shares subscription at a value of SAR 80.15 million. A total of 8.01 million shares out of 13 million shares were subscribed, …
Corporate Actions
Photo Archive
19 October 2022 06:27 PM Saudi Enaya’s shareholders nod to over 33% capital cut
Riyadh – Mubasher: The shareholders of Saudi Enaya Cooperative Insurance Company have agreed to decrease its capital by 33.33% to SAR 100 million from SAR 150 million. The capital reduction will be carried out by cancelling 5 million shares, …
Corporate Actions
Photo Archive
21 September 2022 07:06 PM CMA approves Saudi Enaya’s capital reduction
Riyadh – Mubasher: The Capital Market Authority (CMA) greenlighted Saudi Enaya Cooperative Insurance Company’s request to decrease the capital to SAR 100 million from SAR 150 million. The reduced capital will be distributed over 10 million shares, …
Management Decisions
Photo Archive
14 July 2022 06:50 PM Saudi Enaya extends insurance deal with DSFH
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company has renewed its health insurance contract with Dr. Soliman Fakeeh Hospital (DSFH) at an amount of SAR 28.82 million. Upon the deal that was awarded and signed on 6 July 2022, Saudi Enaya …
Companies Investments
Photo Archive
10 January 2022 11:12 AM Amana's EGM approves merger with Saudi Enaya; Enaya rejects offer
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Amana for Cooperative Insurance Company has approved the merger with Saudi Enaya Cooperative Insurance Company. During its meeting, the EGM has also agreed on an increase of the …
Companies Investments
Photo Archive
2 November 2021 05:03 PM Saudi Enaya’s losses deepen in Q3, nine months
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company posted net losses before Zakat worth SAR 12.82 million in the third quarter (Q3) of 2021, higher by 27% than SAR 10.1 million in Q3-20. During the first nine months of 2021, the …
Financial Results
The loss per share deepened to SAR 2.08 in H1-21
17 August 2021 04:33 PM Saudi Enaya’s H1-21 losses widen 147%; accumulated losses total SAR 60.5m
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company reported net losses before Zakat worth SAR 29.69 million in the first half (H1) of 2021, an increase of 147% from SAR 12.02 million in H1-20. The loss per share deepened to SAR 2.08 in …
Financial Results
The contract is effective for one year starting 13 July 2021
25 July 2021 02:58 PM Saudi Enaya renews SAR 24m contract with DSFH
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company has renewed its health insurance provider contract with Dr. Soliman Fakeeh Hospital (DSFH) for SAR 24.19 million, according to a bourse disclosure on Sunday. The contract is effective …
Companies Investments
The agreement is still subject to approvals of several authorities
15 July 2021 04:33 PM Amana receives GAC’s approval for merger with Saudi Enaya
Riyadh – Mubasher: Amana for Cooperative Insurance Company said that the Saudi General Authority of Competition has issued a non-objection note for the merger with Saudi Enaya for Cooperative Company on 14 July. The agreement is still subject to …
Mergers and Acquisitions
The extension of the licence is effective from 22 July 2021
5 July 2021 11:28 AM Saudi Enaya receives CCHI’s nod to renew licence
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company has obtained the Council of Cooperative Health Insurance’s (CCHI) approval to renew its cooperative health insurance licence for one year, according to a bourse disclosure on Monday. The …
Corporate Actions
Net written premiums grew 38.49% quarter-on-quarter
17 May 2021 11:05 AM Saudi Enaya’s Q1 losses deepen 106%
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company incurred a net loss before Zakat worth SAR 21.13 million during the first quarter (Q1) of 2021, marking an annual increase of 106% from SAR 10.25 million. The company posted a loss per …
Financial Results
The shareholders of Enaya will own 55% of Amana’s capital
2 May 2021 01:45 PM Amana, Saudi Enaya finalise merger agreement
Riyadh – Mubasher: Amana Cooperative Insurance Company and Saudi Enaya Cooperative Insurance Company have signed a binding merger agreement, according to a disclosure to Tadawul on Sunday. Amana will issue new ordinary shares in consideration of …
Mergers and Acquisitions
Saudi insurance sector’s GWP stood at SAR 8.4 billion in Q4-20
18 April 2021 03:23 PM Saudi insurance sector’s net income shrinks 69% in Q4-20 – Aljazira Capital
Riyadh – Mubasher: The insurance sector in Saudi Arabia registered a drop of 69.1% year-on-year (YoY) in net income at SAR 94.5 million during the fourth quarter of 2020 (Q4-20). Net income before Zakat totalled SAR 266.2 million in Q4-20, …
Sector Reports
This comes as part of forming the new board for a three-year term
14 April 2021 11:44 AM Saudi Enaya appoints new Chairman, Vice Chairman
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company has appointed Amr Muhammad Khaled Khashoggi as the new Chairman of the board, according to a bourse disclosure to Tadawul. The company also named Faisal Farouk Tamer as the Vice …
Board of Directors
The parties agreed to implement the merger by way of share swap.
16 November 2020 11:16 AM Saudi Enaya, Amana ink MoU to evaluate potential merger
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company inked a non-binding memorandum of understanding (MOU) with Amana Cooperative Insurance Company to evaluate a potential merger between the two companies. Both companies will conduct …
Mergers and Acquisitions
Saudi Enaya's general and administrative expenses rose by 22% in Q3-20.
2 November 2020 11:15 AM Saudi Enaya losses down 69% in Q3
Riyadh – Mubasher: The net losses before Zakat of Saudi Enaya Cooperative Insurance Company came in at SAR 10.1 million in the third quarter (Q3) of 2020, down by 69.3% when compared to SAR 32.9 million in the prior-year period. The lower …
Financial Results
Photo Archive
5 October 2020 10:29 AM Saudi Enaya, Amana Cooperative in early talks for potential merger
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company has started initial discussions with Amana Cooperative Insurance Company to explore the possibility of a merger between the two companies. In case an initial agreement is reached, a …
Mergers and Acquisitions
The deal comes into effect on 1 September 2020
31 August 2020 03:19 PM GlobeMed announces third-party administration deal with Saudi Enaya
Riyadh – Mubasher: GlobeMed Saudi on Monday announced its collaboration with Saudi Enaya Cooperative Insurance Company in a three-year third-party administration (TPA) agreement that is expected to drive the Saudi insurance sector. The deal, which …
Companies Investments