Monday 27 April 2015
 
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BKIC

BKIC raises stake in Takaful to 40.9pc

Bahrain Kuwait Insurance Company (BKIC), the kingdom's largest insurer, has raised its stake in local peer Takaful International to 40.9 per cent, a move that could herald the start of wider consolidation in the sector. Last w

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BBK plays key role in Takaful International stake sale

Bank of Bahrain and Kuwait (BBK) has announced it executed a large trade on the Bahrain Bourse on behalf of a client through its division - BBK Brokerage Services. Bahrain Kuwait Insurance Company (BKIC) has taken a 10.7 per cent

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BKIC takes stake in Takaful International

Bahrain Kuwait Insurance Company, the kingdom's largest insurer, has taken a 10.8 per cent stake in local firm Takaful International, becoming its fifth largest shareholder. BKIC bought 6.7 million shares of Takaful Internatio

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BKIC ‘open to M&A’ to expand footprint in GCC

Bahrain Kuwait Insurance Company (BKIC) is open to mergers and acquisitions to expand its brand footprint across the GCC region, the company's chief executive has said. Ebrahim Al Rayes told the Gulf Daily News (GDN),

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BKIC net profit up 15pc to $11m in 2014

Bahrain Kuwait Insurance Company (BKIC) has reported a net profit of BD4.2 million ($11 million) for last year, an increase of 15 per cent over BD3.7 million in 2013, a report said. Out of this, BD2.96 million (BD3.32 million in 2

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Gulf Air-BKIC in key Falconflyer miles tie-up

Bahrain’s national carrier Gulf Air has announced a key partnership with Bahrain Kuwait Insurance Company (BKIC). It will give the insurance provider's customers the opportunity to earn Gulf Air Falconflyer miles when pu

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BKIC profit surges 30pc to $9.7m

Bahrain Kuwait Insurance Company (BKIC) has posted a net profit of BD3.7 million ($9.7 million) for the period ending on September 30 this year, an increase of 30 per cent over BD2.8 million achieved in the same period last year.

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BKIC net profit surges 30pc

Bahrain Kuwait Insurance Company (BKIC) has announced that net profit for the first half of the current year increased 30 per cent from BD2 million ($5.2 million) last year to BD2.6 million. &

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BKIC declares 30pc dividend

Bahrain Kuwait Insurance Company (BKIC) shareholders have been awarded cash dividend of 30 per cent based on the company's financial results for last year, a report said. The dividend of 30 fils per share amounts to BD2.14 mil

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BKIC net profit increases 34pc in H1

Bahrain Kuwait Insurance Company (BKIC) saw its first half net profit rise to BD2 million ($5.28 million), a 34 per cent increase on the BD1.5 million in the first half of 2012. Net profit for the second quarter of this year was a

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