Al Mashriq Insurance Co (MIC)

General Information

Company Name Al Mashriq Insurance Co (MIC)

Company Purpose Al Mashreq Insurance Co (known as: Al Mashreq Insurance) is a public company, listed on Palestine Exchange since July 2006. Al Mashreq Insurance operates within the Insurance sector focusing on Multi-line Insurance. It has 4 subsidiaries operating across Palestine and Jordan, working on General Merchandise Stores, Residential REIT's and Research and Consulting Services. Al Mashreq Insurance is based in Ramallah, Palestine and was established in August 1992.

Company Establish Date 01 August 1992

Financial Year Start First Quarter

Auditor

• International Accountants - HLB

Ownership

• Ayoub Wael Ayoub Zurub (22.09%)
• Samar Nabil Robert Nassar (13.46%)
• Al Mashreq Insurance Company Saving Fund (11.39%)
• Galal Kazem Nasser El Din (10.88%)
• Ziad Isaac Yaseen siam (7.69%)
• Jerusalem Cigarette Co Ltd (5.7382%)
• Suleiman Jalal Kazem Nasiruddin (5.10%)
• Walid Wael Zeareb (3.74%)
• Wassim Wael Ayoub Zaarab (3.74%)
• Yasser Mahmoud Abbas (2.85%)
• Jordan French Insurance Co (2.41%)
• Nader Elias El Maghraby (0.19%)

Management

Subsidiaries

• Pal Med Service (99.00%)
• Al Aqariya Trading Investment (63.75%)
• Jordan French Insurance Co (10.022%)
• Tamkeen Palestinian Insurance (9.69%)
• Jordanian Management and Consulting (4.257%)
• Dar Al Shifa Pharmaceuticals (0.0467%)

Contacts