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<b><font size="4">decreases</b></font>
09/05/2009 00:00 AST
UAE-based Al Fujairah National Insurance Company, in its interim management statement, has reported a profit of AED8.3 million, or basic earnings per share of AED11.07, for the first quarter ended March 31, 2009, compared to AED12.97 million, or basic earnings per share of AED17.29, for the corresponding quarter of 2008.
Net insurance premium revenue for the first quarter of 2009 was AED49.27 million, compared to AED41.16 million for the same quarter of 2008. Net commission earnings for the first quarter of 2009 was AED8.96 million, compared to AED14.51 million for the same quarter of 2008.
For the first quarter of 2009, net underwriting profit was AED8.65 million, compared to AED10.7 million for the same quarter of 2008.
Total assets of the company as of March 31, 2009 were AED407.87 million, compared to AED377.79 million as of December 31, 2008.
InsuranceBusinessNews
24/09/2013
Moody's has assigned a Baa2 insurance financial strength rating (IFSR) to Al Fujairah National Insurance Company P.S.C. (AFNIC), based in Fujairah, United Arab Emirates. The rating outlook is stable.
CPI Financial
| Ticker | Price | Volume |
|---|---|---|
| RIBL | 29.65 | 2,130,721 |
| ALDREES | 141.40 | 522,113 |
| EIC.ADX | 7.95 | 0 |
| ALBABTAIN | 44.20 | 361,872 |
| GULFUNIONALAHLIA | 17.40 | 234,780 |
| MUTAKAMELA | 19.42 | 2,022,103 |
| MIDAN | 757.00 | 0 |
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.50 | 0.00 (0.00 |
| FAB | 14.48 | -0.06 (-0.42 |
| EMIRATESNBD | 20.80 | 0.15 (0.72 |
| ADCB | 11.86 | 0.16 (1.36 |
| ADIB | 16.12 | 0.06 (0.37 |
06/02/2025
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Arab News
05/02/2025
Al Rajhi Bank, a pioneer in innovative banking solutions in Saudi Arabia, has announced a strategic partnership with RATL Technology, the owner of Muhide fintech platform, to digitally empower and fi
Saudi Gazette
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
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