Kuwait's Wethaq Takaful divests Egyptian unit for $4.3mn
Kuwait-based Wethaq Takaful Insurance Company announced it intends to sell its stake in the Egyptian unit, Wethaq Takaful Egypt for KWD1.3 million (US$4.3 million).
Amwal Alghad - 14 Aug 2015
Wethaq Takaful Insurance Company K.S.C.P. (WETH.KW)
Also known as: Wethaq, Wethaq Takaful Insurance Co, Wethaq Takaful Insurance Company
21.00 KWf 0.401.94%
Wethaq Stock Price & Performance
Recommendation
-
Div Yield
-
P/E (Last 12 Month)
0.0
Upside
-
Target Price (Mean)
-
Open
19.60 KWf
Previous Close
20.60 KWf
Turnover
7.55M KWf
EPS
-
Volume
379,360
Transactions
30
Market Cap
2.26B KWD
IPO Date
20-Dec-2004
Analyst Estimates
| EPS | Revenue | |
|---|---|---|
| Mean Estimate |  | |
| Smart Estimate | | |
| Predicted Surprise | | |
| Mean Chg % | | |
Starmine Models
StarMine provides a suite of proprietary alpha-generating analytics and models spanning sectors, regions, and markets.
| Bullish | |
|---|---|
| Value Momentum | |
| Intrinsic Valuation | |
| Relative Valuation | |
| Credit Risk - Smart Ratios | |
| Credit Risk- Text Mining | |
| Bearish | |
|---|---|
| Price Momentum | |
About Wethaq Takaful Insurance Company K.S.C.P.
Business Summary
Provides general and family takaful services; retakaful services.
Country of Incorporation
Ownership Type
Established In
2000
Primary Sector
Number of Employees
65
Stock Listing
| ID | Stock Type | Currency | Exchange | Symbol |
|---|---|---|---|---|
| WETHAQ.KSE | Ordinary | KWD | Kuwait SE | WETHAQ |
Contact details
Primary address
Building: City TowerStreet: Khaled Bin Al Waleed Street
Floor: Ground, 11th and 12th Floor
Area: Sharq Area
P.O. Box: 371
Country: Kuwait
City: Safat
City Suffix: 13004
CONTACT
- Tel: +965 186-6662
- Fax: +965 2249-1280
- Email: contact-us@wethaq.com
- https://www.wethaq.com
Region
Al AssimahOwnership
Ownership
| Investor | Holding | No. of Shares | Last Update |
|---|---|---|---|
| | | |
| | | |
Holding Concentrations
| Investor | Holding | No. of Shares | Last Update |
|---|---|---|---|
| | | |
| | | |
Financials
Revenue
Net Income
Profit Margin
Total Assets
Total Liabilities
Debt to Assets
Operating
Investing
Financing
Executives
Mr Abdulrahman Fahad Al Swedan
Chief Executive Officer
Mr Al-Sadiq Ahmad Mohammed Al-Tawali
Deputy Chief Executive Officer
Mr Fawwaz Saad Al Marzoui
Assistant Chief Executive Officer, Production, Marketing and Development
Board Members
Mr Ibrahim Abbas Othman Al Sukhi
Chairman
Mr Abdullah Meshari Ahmad Al Homaidhi
Vice Chairman and director representing The Investment Dar Company K.S.C.
Mr Naser Ali Ahmad Al Obaid
Director representing The Investment Dar Company K.S.C.
Company information provided by Refinitiv
Refinitiv research team 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).
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