National Takaful Co PJSC - merged with Watania International Holding PJSC (formerly Dar Al Takaful PJSC) News - Mubasher Info
Mubasher TV
Contact Us Advertising   العربية

National Takaful Co PJSC - merged with Watania International Holding PJSC (formerly Dar Al Takaful PJSC)

Last update: 19 May 2022 00:48 PM market time.
0.00
-0.01
-1.00%
Open 0.89
Previous Close 0.90
High 0.89
Low 0.89
Stock Statistics
Volume 18,000
Turnover 16,020.00
All data are 15 minutes late during market session

News

28 April 2022 06:34 PM Dar Al Takaful, Watania’s shareholders approve merger
UAE – Mubasher: The shareholders of Dar Al Takaful(DAT) and National Takaful Company (Watania) have granted their green light for a merger that will result in setting up the UAE’s largest Takaful provider by market share at a value of AED 260.15 …
The company's net takaful contributions increased to AED 169.49 million
14 November 2021 01:29 PM Watania's profits retreat 57% in 9M
Abu Dhabi – Mubasher: The net profits of National Takaful Company (Watania) plunged by 56.9% to AED 7.657 million during the first nine months of 2021 from AED  17.765 million in the corresponding period of 2020, according to the company's interim …
The company's net takaful contributions earned decreased by 12.7%
11 August 2021 05:01 PM Watania's net profits plunge 58% in H1-21
Abu Dhabi – Mubasher: The net profits of National Takaful Company (Watania) declined by 57.7% to AED 7.01 million in the first half (H1) of 2021, compared to AED 16.56 million in the year-ago period, as per the company's unaudited interim …
The company's net takaful income declined to AED 16.668 million
10 May 2021 00:43 PM Watania records 74% higher profits in Q1-21; lower accumulated losses
Abu Dhabi – Mubasher: The interim financial results of National Takaful Company (Watania) recorded a 74% rise in net profits to AED 3.973 million in the first three months of 2021 from AED 2.272 million in the same period of 2020. The company's …
The approved dividends total AED 11.25 million
11 April 2021 10:35 AM Watania's shareholders approve 7.5% dividends for 2020
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of National Takaful Company (Watania) has approved a cash dividend distribution, equivalent to 7.5% of the company's share capital, for 2020. The cash dividend payout aggregates at a total …
The company's net takaful income rose to AED 91.146m
7 March 2021 10:36 AM Watania reports 40% higher profits in 2020; lower accumulated losses
Abu Dhabi – Mubasher: The net profits of National Takaful Company (Watania) jumped by 40.3% to AED 18.429 million in 2020, compared to AED 13.132 million in 2019. The company's net takaful income rose to AED 91.146 million last year from AED 69.4 …
The company's net takaful income rose to AED 68.13m
10 November 2020 10:15 AM Watania sees 77.5% higher profits in 9M
Abu Dhabi – Mubasher: The net profits of National Takaful Company (Watania) hiked by 77.5% to AED 17.77 million in the January-September period of 2020 from AED 10.01 million in the year-ago period. The company's net takaful income increased to …
The underwriting profit reached AED 31 million
13 August 2020 11:17 AM Watania profits jump 136% in H1-20
Abu Dhabi – Mubasher: The net profits of National Takaful Company (Watania) hiked by 135.7% to AED 16.56 million in the first half (H1) of 2020 from AED 7.025 million in the year-ago period. The company's net earned takaful contributions increased …
The company will focus on profitable underwriting
12 August 2020 04:54 PM Watania logs AED 47m accumulated losses
Abu Dhabi – Mubasher: National Takaful Company (Watania) has incurred accumulated losses of AED 47.282 million by the end of the second quarter (Q2) of 2020, representing 31.5% of the capital. The accumulated losses before 2015 are attributed to …
The company will focus on profitable underwriting
29 June 2020 04:57 PM Watania logs AED 52m accumulated losses
Abu Dhabi – Mubasher: National Takaful Company (Watania) has incurred accumulated losses that reached AED 52.41 million by the end of the first quarter (Q1) of 2020, representing 34.9% of the capital. The accumulated losses are attributed to the …
Watania paid out 5% cash dividends in 2018
21 April 2020 05:09 PM Watania's OGM agrees on 6% dividends for 2019
Abu Dhabi – Mubasher: The shareholders of National Takaful Company (Watania) approved to distribute 6% cash dividends for 2019, marking its second year in a row. In 2018, Watania paid out cash dividends equivalent to 5% of the company's capital, …
Watania's accumulated losses represent 36.2% of the capital
30 March 2020 04:20 PM Watania logs AED 54m accumulated losses
Abu Dhabi – Mubasher: National Takaful Company (Watania) has incurred accumulated losses of AED 54.3 million, representing 36.2% of the capital. Watania's accumulated losses are caused by few large accounts underwritten during the 2011-2015 …
Watania was profitable in the first six months of 2017
10 August 2017 11:58 AM UAE’s Watania turns to profits with AED 2.7m
Abu Dhabi – Mubasher: National Takaful Company (Watania) on Thursday reported turning profitable in the second quarter and the first half of 2017. The takaful firm posted a net profit of AED 2.66 million ($724,000) in Q2-17 versus AED 1.07 million …
Photo Credit: Arabianeye-Reuters
15 May 2017 07:17 PM Watania turns profitable in Q1
Abu Dhabi - Mubasher: The financial results of National Takaful Company (Watania) showed that it has achieved profits of AED 33,000 ($9,000) in the first quarter of 2017 versus losses of AED 496,000 ($135,000) in the same period last year. The …
The chairman has submitted his resignation “due to his professional commitments" (Photo Credit: Arabianeye-Reuters)
19 December 2016 11:50 AM Watania chairman submits resignation
Abu Dhabi – Mubasher: National Takaful Co (Watania) said that the chairman, Khaled Khoori, has resigned from his position, the UAE company said in a bourse statement issued on Monday. The chairman has submitted his resignation “due to his …
Watania's losses fell 95.5% to AED 1.25 million in the first nine months of 2016 (Photo Credit: Arabianeye-Reuters)
13 November 2016 11:18 AM Watania swings to profits in Q3
Abu Dhabi – Mubasher: National Takaful Company (Watania) turned profitable in the third quarter of 2016, according to a bourse statement. Profits reached AED 314,000 ($85,500) in Q3-16, against losses worth AED 13.54 million incurred in Q3-15. In …
National Takaful Company (Photo Credit: company website)
7 August 2016 03:14 PM Watania profits surge 111.6% in Q2
Abu Dhabi-Mubasher: National Takaful Company’s (Watania) reported an increase of 111.6% y-o-y in net profits for the second quarter of 2016. The company’s profits reached AED 12.21 million ($3.32 million) in the Q2-2016, up from AED 5.77 million …
Losses from takaful transactions narrowed by 39.4% (Photo Credit: Arabianeye-Reuters)
15 May 2016 02:53 PM Watania’s Q1 losses narrow 86.53%
Abu Dhabi-Mubasher: National Takaful Company’s (Watania) losses shrank 86.53% in the first quarter as compared to the corresponding period in 2015, the company said in a bourse filing. Watania’s losses decreased to AED 496,000 ($135,040) in Q1-16, …
Photo Credit: Arabianeye-Reuters
17 January 2016 10:54 AM Watania appoints new CEO
Abu Dhbai-Mubasher: Abu Dhabi-listed National Takaful Company (Watania) will appoint Gautam Datta as its CEO to replace Osama Abdel Rahman Al Qaisi, according to a bourse filing. The board is comprised of seven members which are Khalid Khouri, …
Photo Credit: Arabianeye-Reuters
20 December 2015 09:44 AM Watania, Dar Al Takaful sign MoU
Abu Dhabi-Mubasher: National Takaful Co. (Watania) said that its board decided in its meeting on 17 December to sign a Memorandum of Understanding (MoU) with Dar Al Takaful, according to a bourse filing on Sunday. The MoU aims to study the areas …
Photo Credit: Arabianeye-Reuters
17 June 2015 02:31 PM No material information to affect stock price - Watania
 Abu Dhabi – Mubasher: National Takaful Co. (Watania) said on Wednesday that it has no material information or data that would affect its share price.The UAE’s Capital Market Authority (CMA) asked to be informed of any information that may …
Photo Credit: Arabianeye-Reuters
27 April 2015 08:24 AM Watania posts AED 3.7m losses in Q1
 Abu Dhabi – Mubasher: National Takaful Co. (Watania) has reported a net loss of AED 3.68 million (nearly $1 million) in the first quarter of the year against a net profit of AED 3.3 million ($900 million) in Q1-14, the company said in a …
Photo Credit: Arabianeye-Reuters
11 February 2015 09:44 AM Cars, stocks behind 2014 losses – WATANIA
 Abu Dhabi – Mubasher: The Board of Directors of National Takaful Co. (WATANIA) has attributed the Company’s growing losses to significantly increased demand on the vehicle portfolio added to a sharp drop in the stock market during the fourth …
Photo Credit: Arabianeye-Reuters
11 February 2015 09:29 AM National Takaful deepens loss by 309% in 2014
 Abu Dhabi – Mubasher: National Takaful Co (WATANIA) announced its financials for the fiscal year 2014, and reported growing losses by 308.6% to AED 9.79 million ($2.66 million) against a loss of AED 2.397 million ($652.47 THD) by the end of …
3 November 2014 01:40 PM ADX gains for second session, supported by leading sectors
The Abu Dhabi Securities Exchange (ADX) ended Monday in the green for the second successive session, adding 0.46% or 22.83 pts to 4950.26 pts.Turnover stood at AED 881.35 million as 101.62 million shares changed hands through the execution of 1711 …