Merger of the Arabia Insurance Company - Jordan in Jerusalem Insurance

Kindly be informed that the SDC will carry on the process of merger of the Arabia Insurance Company (merged company) and Jerusalem Insurance (merging company) on Thursday 03/09/2026 and the share capital increase resulted from merger in the Jerusalem Insurance Company by allocating these shares to the shareholders of the Arabia Insurance Company – Jordan Company except the shareholder of the Jerusalem Insurance Company.

Thereby, the SDC records of the Jerusalem Insurance Company indicates the raise of its capital from (16,000,000) shares to a registered capital of (17,706,170) shares as a result of the mentioned merger.

The above-mentioned procedure is conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 30/06/2026 which was granted the approval of the Ministry of Industry, Trade, and Supply on 03/08/2026, and upon the approval of the Jordan Securities Commission issued on 30/08/2026.

Share