Islamic Arab Insurance Co. (SALAMA) PJSC (Salama), UAE - Latest News and Developments

SALAMA’s preliminary 2020 net profit doubles to $37mln

The company's board proposed 3 fils/share cash dividend for 6-months ending 31 Dec 2020

WAM (Emirates News Agency) - 14-Feb-2021

Dubai-listed Salama's CEO quits post; new replacement named

Fahim Al Shehhi to assume new role effective this week

ZAWYA - 10-Jan-2021

Dubai's Salama sold 4.5mln shares for $17mln in one week

Sale to boost takaful provider's profits in third quarter

ZAWYA - 31-Aug-2020

UAE's Salama shareholders approve increase in foreign ownership limit

Shareholders also approved a cash dividend of 3 fils per share

ZAWYA - 04-May-2020

Mideast Stocks: Saudi, Dubai fall on weak corporate earnings

Saudi Arabia's benchmark index retreated 0.6%, pulled lower by a 2.6% decline in Al Rajhi Bank

Reuters News - 11-Feb-2020

Monthly markets review: Saudi Arabia's index outperforms GCC peers in June

Tadawul's index rose 3.58 percent during the month, boosted by the CMA's decision to remove the limit on ownership for foreign strategic investors

ZAWYA - 11-Jul-2019

Mideast Stocks: Saudi snaps losing streak, other Gulf markets mixed

Financial stocks weigh on Abu Dhabi

Reuters News - 17-Jun-2019

Mideast Stocks: Banks lift Saudi as all major Gulf markets rise

The Saudi index was up 1% in early trade with all its banks rising

Reuters News - 16-May-2019

Wednesday outlook: Asian shares retreat on trade tensions

Wall Street stocks retreated overnight, with the S&P 500 losing 1.65 percent and the Dow shedding 1.8 percent

ZAWYA - 08-May-2019

Mideast Stocks: Oil, geopolitical tensions weigh on Saudi; most Gulf markets down

Kuwait jumps ahead of MSCI decision

Reuters News - 07-May-2019

Stocks	Last Price	% Change
AD COMMERCIAL BK	6.280 AED	-1.26
MASHREQ BANK	65.000 AED	0.00
INVEST BANK	0.450 AED	0.00
BANK OF SHARJAH	0.639 AED	1.11
COMM BK INT'L	0.713 AED	0.00
DXB COMM BK	4.050 AED	0.00

Islamic Arab Insurance Co. (SALAMA) PJSC (SALAMA.DU)

SALAMA’s preliminary 2020 net profit doubles to $37mln

Dubai-listed Salama's CEO quits post; new replacement named

Dubai's Salama sold 4.5mln shares for $17mln in one week

UAE's Salama shareholders approve increase in foreign ownership limit

Mideast Stocks: Saudi, Dubai fall on weak corporate earnings

Monthly markets review: Saudi Arabia's index outperforms GCC peers in June

Mideast Stocks: Saudi snaps losing streak, other Gulf markets mixed

Mideast Stocks: Banks lift Saudi as all major Gulf markets rise

Wednesday outlook: Asian shares retreat on trade tensions

Mideast Stocks: Oil, geopolitical tensions weigh on Saudi; most Gulf markets down

Company information provided by Refinitiv

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