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- Rafal to develop 4 hotels in Riyadh, Tilal Khuzam units accessible from $1,867 monthly: CEO
- Nasdaq tumbles on renewed angst over AI building boom
- Kuwait Airways, Sri Lankan Airlines strengthen codeshare agreement to expand travel
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- Trump vows economic boom, blames Biden in address to nation
- Landmark India-Oman economic pact set to transform bilateral trade
- Ajman Bank launches digital extension scheme to boost smart services
- Tecom Group launches Dh615 million Innovation Hub Phase 4 in Dubai Internet City
- Global M&A deals hit $4.8bn on strong tech and AI deals
- Kuwait to award $3.9bn EPC contract for Al Kabeer Port Phase I
13/08/2014 15:24 AST
Union Insurance Company announced its results for the first six months of 2014, demonstrating robust financial performance.
Net profit has increased 12 per cent to AED 23.6 million compared to AED 21.2 million a year earlier. This has resulted in earnings per share rising from AED 0.064 in the first half of 2013 to AED 0.071in H1 2014.
Gross insurance premium stood at AED 295 million in H1 2014 compared to AED 187 million reported in the same period last year, an increase of 58 per cent. UIC's total assets rose from AED 688 million as of 31 December 2013 to AED 868 million as of 30 June 2014.
Technical profit amounted to AED 49.2 million, up 94 per cent, compared to AED 25.4 million as at 30 June 2013.
CPI Financial
18/05/2017
United Insurance Company said it has received the approval from the Securities and Commodities Authority to extend the subscription period for shares to increase the company's capital.
The
Gulfnews
17/08/2015
Union Insurance Company said on Sunday it reported a 12 per cent rise in gross insurance premium in the first half to June.
The company reported a gross insurance of Dh331 million in the f
Gulfnews
13/05/2015
United Insurance Company remains mired in uncertainty over its survival as an ongoing financial concern, despite trimming losses for the first quarter of the year.
The Ras Al Khaimah-based
The National
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 399.50 | 0.00 (0.00 |
| FAB | 16.50 | 0.10 (0.60 |
| EMIRATESNBD | 26.15 | 0.90 (3.56 |
| INVESTB | 0.45 | 0.00 (0.00 |
| ADCB | 14.84 | 0.10 (0.67 |
19/12/2025
In a move to consolidate its global network of destinations and provide diverse travel options to its valued customers, Kuwait Airways has announced the strengthening of its codeshare agreement with
Kuwait Times
19/12/2025
Ajman Bank has launched a digital extension to expand its bouquet of smart, customer-centric banking services.
The Digital Extension has been designed to provide customers with seamless acce
Khaleej Times
19/12/2025
Tecom Group PJSC, the creator of specialised business districts and communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address rising demand for Grade-A office spa
Khaleej Times
19/12/2025
Acwa Power, the world's largest private water desalination company, leader in energy transition and first mover into green hydrogen, has signed a co-operation framework with the African Development B
Trade Arabia
19/12/2025
Saudia Cargo and the Saudi Export Development Authority inked a strategic memorandum of understanding, in a move set to accelerate the international reach of non-oil goods.
The agreement, si
Arab News
Financial Information Co.
Saudi Arabia