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Ras Al-Khaimah National Insurance RAKNIC
RAKNIC 0.00%
Insurance 0.07%
ADI 0.07%
Last Value
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Price in AED Last Update : 26 Feb 2017 2:15 pm (local time)
  • RAKBank buys 79.23 per cent of RAK Insurance May 31, 2015 | Source : Khaleej Times

    The acquisition enables RAKBank to become the largest shareholder in the insurance provider.  RAKBank said on Thursday it had acquired 79.23 per cent stake in Ras Al Khaimah National Insurance Company .The bank purchased a total of 87,154,981...

  • KSA & UAE insurance sectors remain resilient despite economic headwinds Oct 31, 2016 | Source : Saudi Gazette

    The UAE and KSA insurance markets have remained resilient despite ongoing economic uncertainty, EY and Oxford Economics recently developed ‘Emerging Markets Matter’ report showed. Sanjay Jain, EY MENA Insurance Leader, said: “The UAE and KSA insurance...

  • Reinsurance market in Mena set to grow Oct 05, 2016 | Source : Peninsula Qatar

    The reinsurance markets in the Middle East and North Africa (Mena) region are expected to grow over the next 12 months with an anticipated rise in reinsurance rates due to the emerging risk landscape in the region, suggests...

  • Single health insurance policy for employer to bolster market Jul 25, 2016 | Source : Saudi Gazette

    An insurance expert expects further growth rate for the health insurance sector in Saudi Arabia after the full application of the single health insurance policy for the employer as per the resolution of the Council of Cooperative Health...

  • Chedid Capital buys 75% of Al Manara Insurance May 17, 2016 | Source : Saudi Gazette

    Chedid Capital Holding, the multi-awarded insurance and reinsurance regional group, in collaboration with prominent investors in Dubai, announced the acquisition of 75% of Al Manara Insurance Services Co Ltd Sharjah, an insurance brokerage firm operating in the United Arab Emirates. This...

  • Takaful industry shows double digit growth, yet remains underdeveloped Apr 12, 2016 | Source : Saudi Gazette

    The two-day 11th annual World Takaful Conference (WTC) under the theme “Prudent Practices for Global Growth” kicked off Monday at Dusit Thani Hotel, Dubai, packed with over 300 industry leaders from the Middle East, East Asia, Europe and Africa. The...

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