Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Dollar edges lower after US credit downgrade, Aussie pares losses before RBA
- Asia shares slip on mixed China data, drop in Wall St futures
- Hyundai Motor Manufacturing Middle East breaks ground for Saudi plant
- Qualcomm to set up Global Engineering Center in Abu Dhabi
- Saudi startup Ejari plans to scale as demand grows
- Gulf International Bank closes debut $500 million islamic syndicated financing facility
- Bahrain All Share Index closes higher
- Oman Investment Authority achieves 21% growth in asset value
- India's forex reserves hit 7-month high of $690.6 billion
- Saudi entertainment industry set to power economic diversification
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 | 181.20 | 2.40 (1.34 |
| TAWUNIYA | 147.00 | 3.40 (2.36 |
| ALRAJHITAKAFUL | 123.80 | 0.00 (0.00 |
| QATI | 1.96 | -0.02 (-1.02 |
| RASAN | 86.00 | 0.50 (0.58 |
19/05/2025
The US has pledged up to $60 billion in investments for UAE energy projects, reinforcing a strategic partnership announced during the UAE-US business dialogue with President Donald Trump.
Khaleej Times
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
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
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
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
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia