LoadingLoading ...

عربي

Mediterranean and Gulf Cooperative Insurance and Reinsurance - Saudi Arabia

   (8030.SSE)
Also known as: Medgulf Saudi
Last Trade
32.50SAR
+ 0.93%
 
Quote
 
Profile
 
Officers
 
News
 
Research
 
Disclosures
 
Financials
 
Charts
 
Chart Data
 
 
 
 
Open in a new Browser
 
Updated: May 05, 2011
 
 
 
Country

Saudi Arabia

Ownership Type
Publicly Listed
Company Type
Joint Stock
 
 
 
 
Principal Activities
Provide Islamic non-life insurance services; life insurance services; Islamic reinsurance services.
 
Date of Establishment Year
2006 (May)
 
No of Employees
700 Company, N/A Group (As of May 04, 2011)
 
Branches
Saudi Arabia (2)    
 
Representative Offices
Saudi Arabia (56)    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Saudi SE  8030 8030.SSE Ordinary SAR
 
 
Contact Details
Address:
Al Mustaqbal Tower
10th Floor
Maathar Street
P.O. Box 2302
Riyadh  11451
Saudi Arabia
 
Tel:
+966 1-405-5550
+966 1-477-9229
+966 1-403-1311
 
Fax:
+966 1-478-9219
+966 1-405-5580
 
Email:
investersrelations@medgulf.com
 
Website:
www.medgulf.com.sa

 
 
 IPO Details
Listing Date:
07May07
Size of Offering:
$53.33M
Equity Offering:
25%
Lead
Managers:
NCB Capital
 
 
 Major Shareholders  Section Updated: 16Sep11
Name   Type  Country  Holding 
Mediterranean and Gulf Insurance and Reinsurance - Bahrain  Corporate Bahrain 40.05% 
The Saudi Investment Bank  Corporate Saudi Arabia 19.00% 
Mediterranean Saudi Bank  Corporate Saudi Arabia 5.10% 
Mediterranean and Gulf Insurance and Reinsurance - Lebanon  Corporate Lebanon 3.00% 
Public   - 32.85% 
 
 
 Foreign Ownership Limits
Section Updated: 30Dec09
Owned Permitted
100%
GCC Nationals
 
49%
Foreigners
 
 
 
 Representatives
Auditors
Ernst and Young Bakr Abulkhair and Company PricewaterhouseCoopers Saudi Arabia
Banks
The Saudi Investment Bank National Commercial Bank
Law Firms
Levant Law Practice  
 
 
 Financial Results  31-Dec-10  31-Dec-11   Yr on Yr 
  SAR'000 SAR'000 change (%)
Net profit  232,381 240,116 3.33
Total assets 3,913,955 3,922,038 0.21
Paid-up capital 800,000 800,000 0.00
Shareholders' Equity 1,068,613 1,173,505 9.82
Shares outstanding 80,000 80,000 0.00
Market capitalization 2,232,000 2,240,000 0.36
» View Full Financials
 
 
 
 
 
 

Share this Company Profile

 
 
 

Company information provided by © 2012 Zawya.

Zawya's analysts update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).

Our researchers then validate this information and source further information by contacting the companies directly.

 
About Zawya Join the team Advertise on Zawya Membership Solutions Sitemap Contact Us
Copyright © 2012 Zawya. All right reserved. Terms & Conditions. Quote data provided by © TickerChart
This site works best with Internet Explorer 7+, Mozilla Firefox 5.0+ and the latest versions of Google Chrome, Opera & Apple Safari