Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Asyad Shipping shares steady on market debut after RO128mn IPO
- Qatar sees strong residential performance in Q4 2024
- Dubai office rents: Small businesses feel full impact of eviction notices
- UAE-Pakistan trade gets single-window boost after AD Ports Group deal
- India becomes top FDI source in Dubai with $3 billion investment
- Closing Bell: Saudi main index continues to decline on third consecutive day
- Saudi banks see profit surge in Q4 as rate cuts boost margins: Fitch Ratings
- Haramain Railway operates over 3,400 trips with 1.6 million seats during Ramadan
- Etihad serves 1.6m passengers in February 2025
- Nakilat celebrates steel cutting of 8 new LNG carriers
21/09/2015 06:15 AST
Saudi Arabia's United Cooperative Assurance said on Sunday it had received a claim from Saudi Binladin Group over the collapse of one of the construction firm's cranes at the Grand Mosque in Makkah that killed more than 100 people.
The insurance firm said it had received the claim on September 13 and it had appointed evaluators licensed by the country's banking regulator to determine the damage caused by the accident, a bourse filing said.
At least 107 people were killed when a crane toppled over at Mecca's Grand Mosque on September 11, leading Saudi Arabia to suspend Binladin from new contracts and order a review of existing projects.
United Cooperative Assurance said it would announce any developments in due course and the estimated value and financial impact of the incident would appear in fourth-quarter financial statements.
However, the firm added its coverage related to the client was more than 98 per cent covered by reinsurers.
Trade Arabia
09/03/2015
United Cooperative Assurance Company announces that the last day of the Second Subscription Period will be Tuesday 19/05/1436H corresponding to 10/03/2015G
Tadawul
22/02/2015
Saudi Stock Exchange (Tadawul) announces that United Cooperative Assurance Company Rights have been deposited into applicable investor's portfolios as of Wednesday 29/4/1436H (corresponding to 18/2/2
Tadawul
19/02/2015
United Cooperative Assurance Company announces the details in relation to the subscription period for the New Shares and trading of Rights, as follows:
First: Registered Shareholders and
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| BUPAARABIA | 172.00 | -5.00 (-2.83 |
| TAWUNIYA | 147.20 | 3.00 (2.08 |
| ALRAJHITAKAFUL | 154.00 | 2.00 (1.31 |
| QATI | 1.95 | -0.01 (-0.52 |
| RASAN | 71.90 | -1.90 (-2.58 |
13/03/2025
Qatar Gas Transport Company (Nakilat) marked a significant milestone with the steel cutting ceremony for eight of its new LNG carriers at Hanwha Ocean Shipyard in South Korea.
These vessel
Trade Arabia
12/03/2025
Oman's Ministry of Energy and Minerals has entered into an Exploration and Production Sharing Agreement (EPSA) with OQ Exploration and Production (OQEP) and Genel Energy to develop Concession Block 5
Muscat Daily
11/03/2025
For the third consecutive year, Gulf Bank successfully organized an exhilarating fitness challenge at Lose Gain, a specialized group training gym. The event combined high-energy workouts with friendl
Khaleej Times
11/03/2025
Oman Telecommunications Company (Omantel) Group has reported significant growth in its financial results for the year 2024. The group's revenue (including Zain Group's operations) increased by 3%, fr
Muscat Daily
11/03/2025
Abu Dhabi Islamic Bank (ADIB) shareholders approved a cash dividend of Dh3.03 billion, or 83 fils per share, at the bank's Annual General Assembly (AGM) on March 10. The payout represents 50% of ADIB
Gulfnews
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia