Wednesday 18, June 2008 by Mike Gallagher

United Cooperative Assurance Company to go live on Tadawul this Saturday

The Capital Market Authority (CMA) in Saudi Arabia said that United Cooperative Assurance Company (UCA) is due to list on the Tadawul on Saturday, 21 June. The insurance company will carry the symbol 8190 and will begin with an unrestricted price limit for the first day of trading only, according to a statement from the CMA. The company’s commercial registration was issued on 10 June, which is considered the last requirement in order to list a company on the Saudi Stock Exchange.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more