Al Wathba National Insurance Company (PSC), (formerly Gulf International Insurance Co PSC), was established by an Amiri Decree issued by His Highness The Ruler of Ajman, is a public shareholding company and is registered under the Federal Law No.

8 of 1984 relating to commercial companies in the UAE. The company is engaged in general insurance business in the United Arab Emirates.

Individuals	N/A
Institutions	N/A
Floating	N/A
Government	N/A

Director	Amer Abdul Jalil Al Fahim
Director	Mohammed Saeed Al Qubaisi
Vice Chairman	Rashid Darwish Al Katbi
Director	Saeed Ameer Al Yusuf
Director	Saeed Eid Al Ghafli
Chairman	Saif bin Mohamed Bin Butti Al Hamed
Director	Shukri Al Muhairi

	2005	2004	2003
Total Assets	631,015	294,118	211,215
Shareholder's Equity	401,528	184,856	125,212
NIAT	60,132	13,530	10,813
Dividends	N/A	N/A	4,500

	2005	2004	2003
Assets Growth	114.55%	39.25%	68.54%
Earning Growth	344.43%	25.13%	79.47%
ROaA	13.00%	5.36%	6.43%
ROaE	20.51%	8.73%	9.89%
No. Of Shares	60,000,000	60,000,000	60,000,000
EPS	1.00	0.23	0.18
EPS Growth	344.43%	25.13%	79.47%
Payout Ratio	N/A	N/A	41.617

	Trailing
PE	13.37
PB
DVPS	N/A
Div Yield	N/A
EV	750,000.00
EV/Equity	1.87

The information is this section is provided by SHUAA Capital PSC. The information contained in this section is not intended to be an offer, a recommendation, or a solicitation to buy or sell securities or investment products.

The information and opinions contained in this section have been compiled from, or arrived at in good faith, from sources believed to be reliable but no guarantee or warranty is made by SHUAA Capital or AME Info as to the accuracy or completeness of the information contained herein.

All opinions expressed herein are subject to change without notice.

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC.

© SHUAA Capital PSC. All rights reserved.