Mubasher: Middle East Insurance has sold a land plot worth JOD 6 million on 9 February, recording around JOD5.4 million profit which will positively contribute to the financial results of 2016.

Earlier, the company said that its profits for the fourth quarter of 2015 soared 1211.4% to JOD910,130, compared to JOD69,397 in Q4-14.