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Salama Says Working on Approvals for Planned Capital Reduction

MT Newswires·12/08/2025 09:19:04
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09:19 AM EST, 12/08/2025 (MT Newswires) -- Islamic Arab Insurance (DFM:SALAMA), d/b/a Salama, said Monday it is still working on securing regulatory approvals for its planned capital reduction. The Dubai-listed insurer plans to reveal details of the program after securing approval from the Securities and Commodities Authority.