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Sabb Takaful raises $92m in rights issueSabb Takaful today announced that it has successfully raised SR343.4 million ($91.7 million) in capital through its rights issue. In terms of value, this represents a total coverage of 114.5 per cent from the SR300 million the co More… |
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Sabb Takaful's rights issue closes Aug 26The rights issue subscription period of Sabb Takaful which commenced on August 15, will end on 26. “The subscription process is going smoothly with shareholders subscribing through all the subscription channels provided by the receiving ba More… |
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Sabb Takaful shareholders approve rights issueShareholders of Sabb Takaful have voted to increase the company's capital by issuing rights issue shares with a total value of SAR300 million ($80 million). 'Our shareholders have approved the rights issue which can now proceed in More… |
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Sabb Takaful to vote on $80m rights issueSabb Takaful has called for an Extraordinary General Meeting (EGM) on August 8 to vote on its SAR300 million ($80 million) rights issue. The meeting has been called following approval from the Capital Market Authority (CMA), of an applicat More… |
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SABB Takaful clinches Saudi Arabian dealSaudi Islamic insurance firm SABB Takaful said on Saturday it signed an agreement with the kingdom's flagship carrier Saudi Arabian Airlines to provide its passengers with travel insurance products. The agreement will cover both Saudi More… |
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SABB Takaful clinches Saudi Arabian dealSaudi Islamic insurance firm SABB Takaful said on Saturday it signed an agreement with the kingdom's flagship carrier Saudi Arabian Airlines to provide its passengers with travel insurance products. The agreement will cover both Saudi More… |
