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NIC posts net income of $4.07 million at the end of 2016


According to the financial statements of the National Insurance Company NIC for the year 2016, Net profit after tax of the period reached 4,067,178 USD Compared with Net profit after tax 1,244,781 USD for 2015, a net increase in profit of 226.74%.Total assets of the company reached 84,939,598 USD compared with total assets of 74,887,224 USD at the end of year 2015, a net increase of 13.42%.Total liabilities of the company reached 56,485,326 USD compared with total liabilities of 48,951,595 USD at the end of year 2015, a net increase of 15.39%. Net ownership equity of the company reached 28,454,272 USD (Including Non-Controlling Interests of 1,480,122 USD) compared with total owner equity of 25,935,629 USD (Including Non-Controlling Interests of 1,577,920 USD) at the end of year 2015, a net increase of 9.71%.


Scarce liquidity in the PEX and 3G mobile networks in the West Bank by the end of January

launching 3G mobile networks in the west bank by the end of January

Relative quietness in the PEX with the increasing anticipation for the annual disclosures

WATANIYA discusses raising its paid-up capital to $293 million

The PEX opens the year 2018 in optimism

The PEX modifies AL-Quds Index composition for the year 2018



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