Alliance Insurance
ALLIANCE
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Trading Summary Chart
Direct Deals
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Associated Groups
| Group Name |
Shareholders |
Percentage |
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National |
GCC |
Foreign |
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Country of
Origin |
| Market |
Symbol |
ISIN |
Sector |
| DFM |
ALLIANCE |
AEA002201019 |
Insurance |
| Established |
Auditor |
Fiscal Year End |
Registrar |
| Jul 1, 1975 |
Deloitte and touche |
DECEMBER |
Alliance Insurance Company |
Company Brief
Country of Origin: United Arab Emirates (U.A.E)
Alliance Insurance (PSC) (“the Company”) is a Public Shareholding Company (“PSC”) which was originally established in Dubai on July 1, 1975 as a limited liability company under the name of Credit and Commerce Insurance Company. The Company was subsequently incorporated in Dubai on January 6, 1982 as a limited liability company under an Emiri Decree. The Company became a PSC in January 1995, in accordance with the United Arab Emirates (UAE) Federal Commercial Companies Law No. (8) of 1984 (as amended).
The Company underwrites all classes of general, life and health insurance business in accordance with the provisions of the UAE Federal Law No. 6 of 2007 relating to insurance companies and insurance agents.
Equity Profile
| Date of Listing |
Jul 04, 2005 |
| Authorized Capital |
100,000,000.00 AED |
| Issues Shares |
1,000,000 |
| Per Value Share |
100.00 AED |
Documents
Board Members
CHAIRMAN Shaikh Ahmed Bin Saeed Al Maktoum
DEPUTYMr.Saeed Mohammed Al Kamda
MEMBERS Mr. Ahmad Saif Rashed Bin Bakhit Al Falasi
Mr. Mohammed Juma Saif R. Bin Bakhit
Mr. Khalifa Salim Humaid Al Mashwi Al Suwaidi
Mr. Bijan Khosrowshahi
Mr. Ali Mubarak Ali Al Soori
Mr. Ashraf Sherbaz Nawabi
Mr. Aimen Saba Azara
Top Management
General Manager Mr. Aiman Saba Azara
Contact Details
Head Office Dubai, UAE
Address Warba Centre, Abu Baker Siddique Road, Deira, P.O. Box: 5501, Dubai, U.A.E.
Phone No. +9714 605 1111
Fax No. +9714 605 1112-3
Email address: alliance@alliance-uae.com
Website www.alliance-uae.com
Disclaimer
- Ownership percentage is subject to change based on several reasons including the following:
- Trading activity.
- Off-Market Transactions such as family and inheritance transfers.
- Changes in the nationality status of investors.
- Securities deposits and withdrawals to and from DFM for Dual listed companies.
- Capital increase by issuing new shares to a strategic investor.
- Converting Bonds into shares.
- Equity added to the equity of the associated group.
- Direct Deals.
- Percentages for the columns of Actual and Available are updated every two minutes during trading hours and every one hour after trading hours to reflect changes not associated with trading (if any).
Definitions
| Nationals: |
Investors who hold the same nationality as the “Country of Origin” of the symbol.
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| GCC: |
Investors who hold a GCC nationality, excluding investors from the “Country of Origin” of the symbol.
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| Foreigners: |
All other nationalities.
Note: For companies where GCC Permitted ownership limit is Not Applicable (NA), the ownership of GCC citizens will show in the ownership columns of Foreigners. |
| Permitted: |
The maximum percentage of ownership allowed by the Company for the investors group. |
| Actual: |
The owned quantity, unsettled trades. It also includes open buy orders between 8:00 AM and 3:00 PM. |
| Available: |
Percentage available to own or allowed to trade (Permitted – Actual). |
Disclaimer
- Are updated daily at the end of every trading day based on date of trade and not settlement date.
- The ownership percentages are rounded off to 2 decimal places
- Ownership percentages are subject to change due to the following:
- Trading activities.
- Off-Market Transactions such as family and inheritance transfers.
- Changes in the nationality status of investors.
- Securities deposits and withdrawals to and from DFM for Dual listed companies.
- Capital increases, by issuing new shares to Strategic investor
- Converting bonds or Sukuk into shares.
- Changes of associated group’s ownership.
- Direct Deals.(The ownership percentage is changed immediately after the execution of the deal).
- Failed trade settlement
DISCLAIMER
The information provided in this document is only available in Arabic due to the (Dubai court attestations only being in Arabic herein after referred thereto as (“Information”) is provided by way of general information and comment only. While reasonable care has been taken in producing this Information, changes in circumstances may occur at any time and may impact on the accuracy of the Information. The Information does not constitute professional advice or provision of any kind of services and should not be relied upon as such. Dubai Financial Market (“DFM”) and/or its affiliates, officers or employees, does not give any warranty or representation as to the accuracy, reliability, timeliness or completeness of the Information now or in the future. DFM shall not be liable for any loss suffered, directly or indirectly by any person acting in reliance upon the Information contained herein.
Disclaimer
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