Salama Insurance’s board to meet to elect new chair

Shares have surged due to rumours of a merger

Last updated: June 12, 2019 | 17:39

Siddesh Suresh Mayenkar, Senior Reporter

1 MIN READ

DUBAI: Salama Insurance, whose shares have surged due to rumours of merger, said on Wednesday its board will meet on June 16 to appoint the Chairman and Vice-Chairman of the Board.

The board will also elect members of committees of the board, the company said in a statement posted on Dubai Financial Market’s website.

Salama Insurance shares closed 3 per cent lower at Dh0.579.

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Salama Insurance’s board to meet to elect new chair

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