Sunday, February 17, 2019

Arabia Falcon Insurance shares offer opens for subscription

Arabia Falcon Insurance (AFIC), part of the region’s oldest insurance group - has announced the opening of its initial public offering (IPO) for public...
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Marginal growth

Most insurance segments in Oman have witnessed varying levels of fall, except health insurance and group life insurance which recorded an increase of 17...
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Oman Development Bank finances 1,388 projects in Masirah

Oman Development Bank (ODB) has financed 1,388 projects in Masirah by extending funds worth OMR5.73 million between 2009 and September 2017. Youssef bin Ibrahim Al...
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National Life and General Insurance to open branch in Kuwait

National Life and General Insurance (NLGIC) has obtained a licence for operations in Kuwait. This is the company's second foray into countries outside Oman,...
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Oman Qatar Insurance allots shares

Oman’s stock market watchdog Capital Market Authority has approved the allocation of Oman Qatar Insurance Company in accordance with an allocation policy. The shares...
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National Life’s IPO to open on October 22

National Life and General Insurance Company’s OMR21.2 million-Initial Public Offering will open for a one month subscription on October 22. The company is offering 66.25...
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Vision acquires Dubai-based asset management firm

Vision Investment Services (Vision) has acquired A/T Capital Management (A/T Capital), an asset management firm based in the Dubai International Financial Centre (DIFC). A/T Capital...
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National Life net profit soars 303 per cent

National Life and General Insurance Company (National Life), a leading composite insurer in Oman, said its profit after tax grew by 303 per cent...
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Making a Mark

Anwar Hilal Hamdoon Al Jabri, Chairman of National Life & General Insurance Company talks about the company’s journey, milestones and future outlook   National Life is...
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Untapped potential

Life insurance penetration levels remain extraordinarily low in Oman and across the GCC region. However, the rise of the affluent and middle class with...
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