Oman- National Life Co. to offer 25pct shares to investing public

12 Apr 2017

(MENAFN) National Life & General Insurance Co. aims to float 25 percent of its shares to the investing public amid a basic offering before August this year.

Furthermore, the firm has initiated a process to offer the share by forming a committee and people are working on it.

Additionally, the IPO is in line with a government condition for national insurance firms in Oman to float shares before the cited period this year.

Recently, the Sultanate’s market regulator Capital Market Authority had approved a request from national insurance firms to offload a 25 percent share of promoters.



More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more

This site is registered on as a development site.