News - Oman: Listed insurers’ 1Q net profit down 56% y-o-y
Source: Middle East Insurance Review | Jul 2011
The net profit of the two listed insurance companies in Oman stood at OMR1.69 million (US$4.4 million) during the first quarter of 2011, down 56.4% y-o-y, as regional unrest and domestic political and economic instability took a heavy toll on the market, said Kuwait-based Global Investment House in a report.
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