08/10/2017 11:37 AST

Following announcement on 01-10-2017, with regards to the Shareholder Agreement signed with Probitas Holdings (Bermuda) Limited (PHBL), Saudi Re is pleased to announce the completion of transaction and the consequent acquisition of 49.9% of the ordinary shares of PHBL.


Tadawul

CMA approves Saudi Re request to reduce its share capital

09/11/2017

The CMA has issued its resolution approving Saudi Re for Cooperative Reinsurance Company's request to reduce its capital from SAR (1,000,000,000) to SAR (810,000,000), thus reducing the number of sha

Press Release

Saudi Re is pleased to announce that Lloyd's has granted approvals

27/09/2017

Following announcement on 30-07-2017, with respect to Saudi Re announcing signing off a Shareholder Agreement with Probitas Holdings (Bermuda) Limited (PHBL), through which Saudi Re will purchase 49.

Tadawul

Saudi ratings affirmed At 'BBB+/gcAA+'; outlook stable

01/07/2015

Standard & Poor's Ratings Services affirmed its 'BBB+' long-term issuer financial strength and counterparty credit ratings on Saudi Re for Cooperative Reinsurance Co (Saudi Re). The outlook remains s

CPI Financial

Ticker Price Volume
SAUDIRE Sector Market
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BUPAARABIA 167.20 -0.60 (-0.36%)
TAWUNIYA 142.20 -2.20 (-1.53%)
ALRAJHITAKAFUL 158.00 -5.60 (-3.43%)
RASAN 85.40 2.10 (2.52%)
GINS 1,250.00 62.00 (5.21%)
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