DUBAI, UAE: Orient Insurance, a subsidiary of Al Futtaim Group, announced that it has completed acquiring the shares of ADCB Group in Orient Takaful Insurance Company (An Egyptian Joint Stock Company) amounting to 20% of the company’s total shares, this…
ABU DHABI: Abu Dhabi Commercial Bank Group (ADCB) has completed the sale of its 20% stake in Egyptian insurer Orient Takaful PJSC to Orient Insurance Company. The transaction, which was disclosed by ADCB to the Abu Dhabi Securities Exchange on…
OLDWICK: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of Orient Insurance PJSC (United Arab Emirates) and Orient Takaful Insurance Company (Egypt), a subsidiary of Orient. The outlook of…