Please wait...
GulfBase Live Support
- Saudi bank lending hits record $788bn as corporate loans surge
- Al Rajhi Bank announce a strategic partnership with MuhideFinTech Platform to authenticate and govern SMEs' trade finance transactions
- ACWA Power and Saudi Aramco ink deals to boost renewables, hydrogen, and desalination
- Saudi crown prince launches 'King Salman Automotive Cluster' at KAEC
- Saudi Arabian Shares Drop Most in 10 Months After Oil Tumbles
- Sipchem inks $373m loan deal for key project
- Yen Gains on Slowing U.S. Growth Amid Europe Crisis Safety Bets
- Canada Dollar Drops for Fifth Week as Jobs Data Adds to Gloom
- Ringgit seen remaining weak
- Gulf Bank's Alsamerai named 'HR Professional of the Year'
17/02/2014 09:49 AST
We would like to announce that the Board of Oman United Insurance Company held a meeting on Sunday- Yesterday evening 16th February 2014, and approved the audited financial statements for the period ended 31/12/2013. Hereinafter the most important Board decisions:
Firststly. Approval of Audited Financial Statements as at 31st December 2013.
Secondly: Dividends
The Board recommends to distribute cash dividends of 35% of the paid up capital i.e. (35 Bzs.) per share. The recommendation has been put forward to the AGM of the company scheduled on 30/3/2014.
· Note: As per insurance Companies' law, an amount of RO. 1,197,232 /- (2012 - RO. 997,071) has been provided for contingency reserve from net profit. The said reserve is a part of the shareholders' equity . Now the accumulated contingency reserve stands at RO. 6,896,596/- as at 31st December 2013. The company shall continue reserving for contingency reserve till equalize the company's paid up capital.
Stock Market News
22/02/2015
Oman United Insurance board has recommended cash dividends of 22 per cent (22 baisas per share) to the shareholders, subject to approval at its annual general meeting scheduled for March 30.
Times of Oman
08/04/2014
Oman United Insurance Company SAOG would like to announce that, Shareholders of the Company, at the Annual General Meeting held on 30th March 2014, have approved distribution of cash dividend of 35%
Press Release
27/02/2014
Dear Shareholders and investors community
Oman United Insurance Company SAOG is pleased to advise you all that a full set of audited financials along with the relating reports for the year
Muscat Exchange
| Ticker | Price | Volume |
|---|---|---|
| RIBL | 29.65 | 2,130,721 |
| ALDREES | 141.40 | 522,113 |
| EIC.ADX | 7.95 | 0 |
| GULFUNIONALAHLIA | 17.40 | 234,780 |
| ALBABTAIN | 44.20 | 361,872 |
| MUTAKAMELA | 19.42 | 2,022,103 |
| GULFGENERAL | 12.60 | 644,067 |
06/02/2025
Saudi utility giant ACWA Power has signed two agreements with Aramco to accelerate the deployment of renewable energy projects and evaluate the performance of vanadium flow batteries in the Kingdom's
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
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia