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UAE's insurance stocks are proving good picks, and National Takaful is one

DFM closed higher by 1.2 per cent and ADX by 1.94 per cent for the week ended April 15.
The top gainers for the week are Emirates Refreshments (19.49 per cent), Reem Investment (18.55 per cent), National Takaful Co. (7.78 per cent), Tabreed (7.14 per cent) and Arabian Scandinavian Insurance (5.03 per cent) and National Cement Company ( 4.82 per cent).
The National Takaful Company (Watania) is a prominent player in Islamic insurance, focussed on personal and commercial insurance business lines. With a Dh145 million market capitalization and a dividend yield of 7.81 per cent, it has grown consistently. Revenues jumped from a paltry Dh4.8 million in 2013 to Dh115.3 million in 2020, which is indeed quite spectacular. ....

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Some listed UAE companies still turned in revenue and profit growth

Some listed UAE companies still turned in revenue and profit growth
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

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