14/05/2014 11:09 AST

Gulf Union Cooperative Insurance Company announced that the Board of directors has recommended on his meeting on 13-05-2014 an increase in the company's capital through offering a rights issue with a total value of SAR 165,000,000 .

The rights issue is limited to the shareholders who are registered in the shareholders register at the close of trading on the extraordinary general assembly day, which will be determined later by the company after obtaining the regulatory approvals.

The price and number of offered shares will be determined by the company during the extraordinary general assembly. The reasons for recommendations are:Support the company's growth and to strengthen and improve the solvency margin requirements.


Tadawul

Gulf Union Cooperative Ins. Co. announces SAMA's Temporary approval

19/03/2014

Gulf Union Cooperative Insurance Company announces obtaining on 17-03-2014 corresponding to 16-05-1435 the Saudi Arabian Monetary Agency (SAMA) letter No. 351000063116 dated 17-03-2014 corresponding

Tadawul

Gulf Union Announces the Interim Financial Results for 3 Months Period

21/04/2013

GULF UNION COOPERATIVE INSURANCE COMPANY (GULF UNION) ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THREE MONTHS ENDED MARCH 31, 2013.

1.Net loss before zakat for the first quarter ended Ma

Tadawul

Gulf Union Announces Final Approval Process to Sell Insurance Products

01/04/2013

Gulf Union Cooperative Insurance Company (Gulf Union) announces a final approval process from the Saudi Arabian Monetary Agency (SAMA) to sell three Insurance products as per their letter no (3410000

Tadawul

Ticker Price Volume
GULFUNIONALAHLIA Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
BUPAARABIA 167.20 -0.60 (-0.36%)
TAWUNIYA 142.20 -2.20 (-1.53%)
ALRAJHITAKAFUL 158.00 -5.60 (-3.43%)
QATI 1.97 -0.03 (-1.50%)
RASAN 85.40 2.10 (2.52%)
Zain Group revenue for 2024 hits $6.4bn; net income up 15pc

03/03/2025

Zain Group, a leading provider of innovative ICT technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa, serving 49 million customers, has deli

Trade Arabia

OQEP reports RO841mn revenue for 2024

02/03/2025

OQ Exploration and Production (OQEP) has announced its financial results for the fiscal year 2024, achieving an EBITDA of RO614mn. The financial results highlight OQEP's continued ability to generate

Muscat Daily

QLM general assembly meeting approves cash dividends of 10% to shareholders

02/03/2025

QLM, a leading force in the health and life insurance industry, held its Annual General Assembly meeting on February 26, 2025.The General Assembly approved distribution of cash dividends of 10% to sh

The Peninsula

Saudi Aramco cuts propane, butane prices for March

28/02/2025

Saudi Aramco has slashed the official selling prices for propane and butane for March, according to a statement released on Thursday.

The new prices are set at $615 per tonne for propane and

Arab News

stc Group posts robust growth for 2024; revenue soars to $20bn

27/02/2025

stc Group, a digital enabler, offering advanced solutions and driving a role in the digitalization process, today (February 26) delivered solid results for FY 2024 with a 85% jump in its net profit w

Trade Arabia