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GUI posts net income of $0.42 million in H1 2016


According to the financial statements of Global United Insurance Company GUI for the first half of 2016, Net profit after tax of the period reached 421,886 USD Compared with Net profit after tax 454,962 USD for 2015, a net decrease in profit of 7.27%.Total assets of the company reached 46,639,924 USD compared with total assets of 47,263,859 USD at the end of year 2015, a net decrease of 1.32%.Total liabilities of the company reached 33,828,978 USD compared with total liabilities of 34,474,799 USD at the end of year 2015, a net decrease of 1.87%. Net ownership equity of the company reached 12,810,946 USD (Including Non-Controlling Interests of 98,633 USD) compared with total owner equity of 12,789,060 USD (Including Non-Controlling Interests of 114,669 USD) at the end of year 2015, a net increase of 0.17%.


Al-Quds index declines by 0.20% in the penultimate week of September

Medium liquidity with the start of routine anticipation for the 9M 2017 financial data disclosures

A transaction on the stocks of PALTEL raises the liquidity levels this week



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