Arabian Shield announces renewal of contract with ALMARAI

01/01/2016 10:52 AST

Arabian shield Cooperative Insurance Company announces on the date of 31 December 2015 that it has renewed the insurance contracts ( Medical / Property / and other types of General Insurance ) with Almarai Company (related party) where HH Prince Sultan bin Mohammed bin Saud Al Kabeer the chairman of the board of directors of Arabian Shield Cooperative Insurance is also the chairman of Almarai board of directors. In Addition, Engr. Nasser bin Mohammed Al Muttawa is a Member of Arabian Shield Cooperative Insurance Board of Directors where he is a Member of Board of Directors of Almarai. The total initial value of those contracts is SAR 105 million for one year starting from 1/1/2016.that the renewal of these contracts is within the normal course of Arabian shield operations. These contracts are renewed in line with the current commercial condition prevailing in the market;These contracts will be presented in the next General Assembly for approval.


Tadawul

News

ASHIELD Announces the Correction in the Previous Announcement

20/01/2014

Further to the announcement published on Tadawul's website on 19-01-2014 related to Arabian Shield Cooperative Insurance Company announces the interim financial results for the period ending on 31-12

Tadawul

ASHIELD announces its Financial Results

21/02/2013

Arabian Shield Cooperative Insurance Company announces its Financial Results for the year ending 31/12/2012 as follows:

1.The net profit before Zakat and Income Tax is 9,244 thousan

Tadawul

ASHIELD Announces the Interim Financial Results

20/01/2013

Arabian Shield Cooperative Insurance Company announces its Interim Financial Results for the period ending 31/12/2012 as follows:

1.The net profit before Zakat and Income Tax for the (fou

Tadawul

Most Viewed Companies

Ticker Price Volume

Valuation

ARABIANSHIELD Sector Market
P/E
Price/BookValue

Momentum

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

Top Related Companies

Ticker Price Change
BUPAARABIA 144.00 0.20 (0.13%)
TAWUNIYA 119.30 -2.40 (-1.98%)
RASAN 118.60 0.60 (0.50%)
ALRAJHITAKAFUL 86.90 0.55 (0.63%)
QATI 1.93 0.00 (0.00%)

Recent News

Gulf Bank launches Concierge App in collaboration with Peacock Concierge

06/03/2026

As part of its ongoing commitment to delivering innovative digital solutions that enhance customers' lifestyles, Gulf Bank has launched its new Concierge App in strategic collaboration with Peacock C

Kuwait Times

Union Properties joins Massachusetts institute's industrial liaison programme

06/03/2026

Union Properties, one of the UAE's leading master developers, said it has entered into a membership agreement with the Massachusetts Institute of Technology (MIT) through its globally recognised Indu

Trade Arabia

Emirates NBD waives ATM withdrawal and debit card fees across UAE and GCC

06/03/2026

Emirates NBD has waived a range of banking fees for customers across the UAE and the wider Gulf, making cash and card services easier to access during a period of heightened regional uncertainty.

Gulfnews

2PointZero buys majority stake in Italian packaging group ISEM for $192m

06/03/2026

2PointZero Group, a next-generation investment powerhouse focused on energy and consumer sectors, has announced that it has formally completed the transaction to acquire a majority position in ISEM,

Trade Arabia

SAL agrees $30m Aviapartner Liege acquisition to expand into Europe

06/03/2026

SAL Saudi Logistics Services Co. has agreed to acquire Belgium-based Aviapartner Liege SA for ?28 million ($30.3 million), giving the Saudi logistics firm a foothold at one of Europe's major air carg

Arab News

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap