INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Oman Qatar Insurance merges with Vision Insurance

Qatar Insurance Company announced Thursday the completion of the merger process of its subsidiary Oman Qatar Insurance Co with Vision Insurance.
  • The merger was settled with Vision Insurance Company’s existing shareholders by Oman Qatar Insurance Company
  • After the mergercertificate by Qatar Ministry of Commerce, Vision Insurance Company was delisted from Muscat Stock Exchange

Doha, Qatar – Qatar Insurance Company announced Thursday the completion of the merger process of its subsidiary Oman Qatar Insurance Co  with Vision Insurance .

In a statement on the Qatar Stock Market website, Qatar Insurance Company said the merger was settled with Vision Insurance Company’s existing shareholders by Oman Qatar Insurance Company

Accordingly, after the successful settlement of the merger consideration by Oman Qatar Insurance Company and the issuance of merger certificate by Ministry of Commerce, Industry and Investment Promotion, Vision Insurance Company is delisted from Muscat Stock Exchange.