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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 |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.20 | 0.10 (0.02 |
| FAB | 17.94 | -0.02 (-0.12 |
| EMIRATESNBD | 26.70 | -0.20 (-0.75 |
| ADCB | 15.80 | 0.24 (1.54 |
| ADIB | 23.34 | -0.10 (-0.43 |
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia