Oman Insurance Company (P.S.C.) Announces Company Rebranding
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U.A.E based insurance provider, Oman Insurance Company (P.S.C.), has announced a significant change in its corporate identity, marking a new chapter in its history.
Summary
Oman Insurance Company (P.S.C.) has announced a company rebranding, including a change in company name, trading symbol, and logo. The change, approved by the General Assembly, is set to take effect from January 26, 2024.
Oman Insurance Company P.S.C., one of the leading insurance providers in the U.A.E, has announced a significant rebranding. The company, which boasts a market cap of 1,801,301,288 and a 3-month yield of 0.1%, has revealed a change in its name, trading symbol, and logo. This change was approved by the General Assembly on January 2, 2024, and will take effect from January 26, 2024.
Established in 1975, Oman Insurance Company P.S.C. has built a strong reputation in the insurance sector, providing a wide range of comprehensive insurance solutions to over 830,000 individuals and commercial clients. With operations across all Emirates in the U.A.E as well as in Oman, the company has consistently demonstrated its commitment to outstanding insurance solutions that help create and protect wealth and wellbeing.
This rebranding marks a significant milestone in the company's history and signals a renewed commitment to its mission and values. The company, known for its customer-centric approach and excellent customer service, is likely to leverage this rebranding to further strengthen its market position and enhance its brand visibility.
The rebranding move comes at a time when the company has been performing well in the market, with a steady yield and a solid market cap. This, coupled with the company's commitment to service excellence, makes it a promising prospect for investors. Given the company's strong performance and positive outlook, it would be advisable for investors to consider this insurance giant as a potential addition to their portfolio.
The future of Oman Insurance Company P.S.C. looks optimistic. The rebranding, backed by a solid performance history and a strong commitment to customer service, is likely to further bolster the company's standing in the market. Investors looking for a stable and promising investment in the insurance sector should consider this company.
Sukoon Insurance PJSC, based in Dubai, United Arab Emirates, has announced a change in its company's name, trading symbol, and logo. The change was approved by the General Assembly on January 2, 2024. The last trading day under the old symbol will be Thursday, January 25, 2024, and the first trading day under the new symbol will be Friday, January 26, 2024. The notice was addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and copied to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of Licensing, Supervision, Enforcement Affairs at the Securities and Commodities Authority in Abu Dhabi.
