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The company is a dominant player in health insurance industry with a market share of over 65% in Oman and is a well recognized brand, providing insurance protection to nearly 200,000 individuals. [3] The company contributed RO 175,000 towards Endowment Fund for supporting government initiatives to overcome the threat of COVID-19.
Sukoon Insurance previously known as Oman Insurance Company (Arabic: شركة عُمان للتأمين "سكون" ش.م.ع) is a composite insurance company headquartered in Dubai, UAE that sells insurance for individuals and businesses in UAE and Oman. [2]
It was founded in 2006 as an insurance company. [1] In 2014, the Capital Market Authority granted Al Madina a takaful license. [1] Al Madina then converted all its insurance business to become Sharia-compliant and became the first takaful company in Oman. [2] After the conversion, Al Madina embarked on acquisitions to expand its operations.
Orient: Founded by Al-Futtaim in 1982, Orient is the largest insurance company in the United Arab Emirates by financial capital, with up to 500 million AED (approx. 136.1 million USD). Headquartered in Dubai, it works with major clients in Abu Dhabi, Dubai, Sharjah, and Ras Al Khaimah, as well as Oman and Bahrain. [19]
Muscat: 2004 Part of Ooredoo (Qatar) P A Oman Air: Consumer services Airlines Muscat: 1993 Airline P A Oman Arab Bank: Financials Banks Muscat: 1984 Commercial bank P A Oman LNG: Oil & gas Exploration & production Muscat: 1984 LNG plant: P A Oman Oil Company: Oil & gas Exploration & production Muscat: 1996 State-owned oil and gas concern S A ...
Oman International Development and Investment Company SAOG (commonly known as Ominvest) is an investment holding company based in Oman.It holds significant stakes in various Omani companies, ranging from financial services, property development, food, and the industrial sector.
New Jersey gambling regulators have handed out $40,000 in fines to two sportsbooks and a tech company for violations that included taking bets on unauthorized events, and on games that had already ...
Barwani is a non-executive director of a number of publicly traded and joint stock companies, Al Madina Insurance co. SAOG, Al Madina Investments SAOG (Muscat Stock Market), Nautilus Minerals. [13] He was formerly a non-executive director of Oman Air, Shell Oman Marketing Company, Taageer Leasing Company, Oman, and National Bank of Oman. [14]