Please wait...
GulfBase Live Support
- Saudi banks well positioned to weather economic shocks: Fitch
- Qatar to Invest Hundreds of Millions to Support Lebanon
- stc wins in two categories at Global Business Outlook Awards 2025
- OPEC+ may keep its pause on oil output increases as prices climb
- Bahrain All Share Index marks 2,051.57 points
- Digital City Bahrain awards design, lead consultancy contract for Trio Park
- World Bank Says Saudi Arabia Partnership Turns Policies into Economic Opportunities
- Kuwait scraps oil tenders worth $10bn after bids exceed budget
- Deal signed for wind turbine plant in Duqm
- Madayn plans 98 projects over next 5 years
27/04/2014 06:03 AST
Dhofar Insurance Co has reported a five per cent growth in net profit to RO1.66mn for the first quarter ended March 31, 2014, compared with a net profit of RO1.58mn for the corresponding period of the previous year.
The company's total premium written for the first quarter 2014 amounted to RO18.39mn, compared with RO16.26mn for the same period of the previous year, an increase of 13 per cent.
The company's net underwriting results for the three-month period amounted to RO3.3mn, against RO2.37mn in the first quarter of 2013, a growth of 39 per cent.
"The company continues to adopt a wise underwriting policy, despite the severe competition witnessed by the local market and the strict control for accepting risks at the international level," said Qais al Mashani, chairman of Dhofar Insurance, in the directors' report.
Net investment income decreased to RO405,162 in the first quarter of 2014, compared with RO797,808 in the same period last year.
Muscat Daily
16/02/2014
A memorandum of understanding (MoU) was signed between Dhofar Insurance Company and Munich Health Daman Holding for forming a joint venture company specialised in health insurance in Oman, said a dis
Times of Oman
07/03/2013
The court of appeal supported the decision of the disciplinary committee of CMA imposing a fine of R.O. 5000 on Dhofar Insurance Company for violation of some of the rule pertaining to the convene of
Press Release
| Ticker | Price | Volume |
|---|
27/01/2026
Kuwait Telecommunications Company - stc, a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, announced that it has wo
Kuwait Times
27/01/2026
QIIB has reported a 7.2% year-on-year increase in net profit to QR1.35bn in 2025 and recommended a total 53% dividend.
Earnings-per-share (EPS) increased to QR 0.82 in 2025, reflecting the l
Gulf Times
27/01/2026
QNB Group, the Lead Sponsor and strategic partner of Web Summit Qatar 2026, is reaffirming its position as a driving force behind the country's digital transformation journey.
By uniting dec
Gulf Times
27/01/2026
Al Habtoor Group said it will move forward with legal action against Lebanon after years of unresolved investment disputes and mounting losses of $1.7 billon linked to banking restrictions and state
Arab News
27/01/2026
Commercial Bank, the first bank in the market to introduce digital account opening, has further strengthened its leadership in innovation with the launch of its newly enhanced Corporate Digital Accou
The Peninsula
Financial Information Co.
Saudi Arabia