Mubasher: The ordinary general meeting (OGM) of Arab Insurance Group (Arig) approved to distribute 5 cents per share, according to a bourse statement issued on Tuesday.
As of 30 March, Arig will pay an overall value of $9.9 million as cash dividends for fiscal year 2016.
During the fiscal year, the company, which is listed on both the Bahrain Bourse (BHB) and the Dubai Financial Market (DFM), achieved profits of $9.16 million against losses of $4.42 million in FY15.
