Arab Orient posts profits of 5.64 million USD

The insurer Arab Orient Insurance, owned at 88.7% by Gulf Insurance, made pre-tax profits worth 5.64 million USD in 2010. This result represents an increase of 27% compared to 2009. The turnover reached USD 75.2, that is an increase of 20% in one year. The total assets of Arab Orient is 72.6 million USD in 2010, a rise of 24% in one year.