MidGulf Insurance announces complete offset of accumulated losses via issuance premium

Medgulf Insurance Company announced the complete offsetting of its accumulated losses using a portion of its issuance bonus reserve. Consequently, its accumulated losses decreased from 5.6% to zero of its capital, without affecting the total shareholders' equity or the company's financial position, according to the external audit.

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تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي

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