DUBAI, UAE: Orient Insurance’s Board of Directors (PJSC) announced that the company  will  submit  an  offer  to  acquire  non-owned  shares  of  Orient UNB  Takaful  (PJSC),    sum  of  16.09%  of  the  company’s  shares,  after obtaining the necessary approvals to begin the acquisition process from the regulators.

Omar Elamin, CEO  of Orient Insurance Group, declared that the acquisition is in the interest of the two companies through the expected integration,  and  Orient  is  committed  to  support  Orient  Takaful  while always maintaining the independence of the target company in carrying out its operations .