25/09/2017 10:19 AST

The Mediterranean and Gulf Insurance and Reinsurance Co. EGM held on Friday 22/09/2017 has approved the capital reduction. Thus, the fluctuation limits for The Mediterranean and Gulf Insurance and Reinsurance Co. will be based on a share price of SAR 31.60, furthermore the company will be suspended for two business days. Starting from Monday 25/09/2017, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors' portfolios, lifting the suspension of trading will be end of Tuesday 26/09/2017.


Tadawul

Saudi insurer MedGulf denies it's considering sale of business

31/05/2017

The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi Arabian insurer known as MedGulf, denied it's considering putting itself up for sale.

MedGulf isn't exploring strategic option

Gulfnews

Saudi Arabian insurer MedGulf said weighing sale of business

29/05/2017

The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi Arabian insurer known as MedGulf, is weighing putting itself up for sale, according to three people familiar with the matter.

Me

Gulfnews

A.M. Best Assigns Ratings to Medgulf

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A.M. Best Europe - Rating Services Limited has assigned the financial strength rating (FSR) of A (Excellent) and an issuer credit rating (ICR) of "a" to The Mediterranean & Gulf Insurance & Reinsuran

CPI Financial

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MEDGULF Sector Market
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BUPAARABIA 170.60 10.20 (6.35%)
TAWUNIYA 134.80 8.20 (6.47%)
ALRAJHITAKAFUL 133.80 4.20 (3.24%)
QATI 1.91 0.03 (1.59%)
RASAN 77.90 2.10 (2.77%)
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The Dubai-based Al Ansari Financial Services is now the GCC's biggest non-banking financial services company.

The DFM-listed Al Ansari - which also operates the UAE's biggest remittance firm

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