12/06/2017 02:21 AST

Union Insurance said on Sunday it had received the nod from Securities and Commodities Authority (SCA) to suspend share trading in its shares in anticipation of the finalisation of its capital restructuring process.

The subscription period for its capital increase ended on June 6. The lead receiving bank and the external auditors of the company are currently working on the allotment of the new shares and the capital restructuring process in order to prepare the new share book, the company said in a bourse statement.

The trading will continue again after the company obtains the approval of the SCA on the subscription procedures, it added.


Gulfnews

Union Insurance reports Dh38.3 million profit compared to Dh2.5 million loss in 2023

21/03/2025

Union Insurance Company, a leading provider of innovative customer-focused insurance solutions to individuals and organisations in the region, on Thursday reported that its net profit surged from a l

Khaleej Times

Union Insurance Company reports nine-month profit of Dh6.3m

15/11/2017

Union Insurance Company has reported a net profit of Dh6.3 million for the first nine month ended September 30 compared to a net loss of Dh12.8 million for the same period last year.

Gross i

Gulf News

Union Insurance posts 40pc jump in premium

18/05/2016

Union Insurance Company, a leading provider of innovative customer-focused insurance products to individuals and organisations in the region, has reported a 40 per cent increase in gross insurance pr

Trade Arabia

Ticker Price Volume
UNION Sector Market
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
IHC 401.00 0.00 (0.00%)
FAB 15.86 0.06 (0.37%)
EMIRATESNBD 22.60 0.70 (3.19%)
ADCB 12.30 0.10 (0.81%)
ADIB 19.10 0.18 (0.95%)
TAQA Group reports Q1 revenue of $ 3.87bn, up 3.8%

16/05/2025

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE

Trade Arabia

Abraj Energy signs deal with BP for drilling rig in Block 61

16/05/2025

Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.

The

Muscat Daily

Commercial Bank launches new CB Corporate Banking App

16/05/2025

Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.

This stat

Gulf Times

Emirates NBD pilots new AI compliance tech to reduce risks, improve payment speed

16/05/2025

Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi

Gulfnews

NBK publishes first green bond allocation and impact report

16/05/2025

In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental

Kuwait Times