Arig’s AGM approves financial results of 2017
Manama : Arab Insurance Group (B.S.C.) (Arig) held its 37th Ordinary General Assembly Meeting (AGM) along with the Extraordinary General Assembly Meeting (EGM) yesterday at its Head Office in Manama.
During the AGM, shareholders approved Arig’s Financial Statements for the year 2017 as well as the Board of Directors’ recommendation to appropriate the net profits to Legal Reserve and Retained Earnings.
At the EGM, shareholders approved the restatement of the Memorandum and Articles of Association of the Company to comply with the regulatory requirements.
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