Qatar Exchange | Al Khaleej Takaful Insurance | Alkhaleej Takaful Insurance Company agrees to sell its 25% equity in Bahrain National Life Company (BNL)

 

Alkhaleej Takaful Insurance Company announced that on 13/6/2024 a sale and purchase agreement was entered between Alkhaleej Takaful Insurance Company & Bahrain National Holding (BNH) to sell our 25% equity in Bahrain National Life (BNL) at a price of BHD 3,000,000 amounting to QR. 29,042,553 The agreement is subject to obtaining necessary approvals by the relevant regulatory and supervisory bodies . Al Khaleej Takaful Insurance Company entered into this investment in 2008 at a cost of 21,454,000 Qatari Riyals.Click here to download attachment

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