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Amana Cooperative Insurance applies for capital hike

Amana Cooperative Insurance applies for capital hike
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AMANA INSURANCE
8310
34.29% 14.10 3.60

Riyadh - Mubasher: Amana Cooperative Insurance has filed a request to the Capital Markets Authority of Saudi Arabia (CMA) to raise its capital.

Amana is seeking to increase its capital, and it has appointed the National Commercial Bank’s NCB Capital as its advisor.

The company will reveal updates when available, according to its statement to the Saudi Stock Exchange (Tadawul) on Tuesday.