Mubasher TV
Contact Us Advertising   العربية

Al Alamiya to distribute dividends for 2016

Al Alamiya to distribute dividends for 2016
(Photo Credit: Arabianeye-Reuters)
LIVA
8280
-0.51% 15.60 -0.08

Riyadh – Mubasher: The general assembly of Al Alamiya for Cooperative Insurance approved the distribution of cash dividends for 2016.

The assembly also agreed on the board’s and auditors’ reports for 2016, in addition to amending the bylaws of the company to be in line with the New Companies Law.

During 2016, Al Alamiya achieved a growth of 69.91% in profits to SAR 46.35 million from SAR 27.28 million in FY15.