Abu Dhabi – Mubasher: Ras Al Khaimah National Insurance Company (RAK Insurance) said its shareholders approved 10% dividends or 10 fils per share for fiscal year 2016, according to a bourse statement.

The shareholders also set the last day for participation at 12 April, with the maturity date determined at 16 April.

The company's net profits reached AED 23.4 million in 2016, down 1.3% from AED 23.1 million in 2015.