Orient Insurance Shareholders Approve 100% Capital Increase to AED 1 Billion

Published

November 12, 2026

4 min read

.copy-button { position: relative; } .tooltip { position: absolute; bottom: 100%; left: 50%; transform: translateX(-50%); background-color: #333; color: white; padding: 5px 10px; border-radius: 4px; opacity: 0; transition: opacity 0.3s ease; white-space: nowrap; pointer-events: none; } .tooltip.show { opacity: 1; } async function copyToClipboard() { const button = document.getElementById('copyButton'); const tooltip = button.querySelector('.tooltip') || createTooltip(button); try { await navigator.clipboard.writeText(window.location.href); // Show tooltip tooltip.textContent = 'Copied!'; tooltip.classList.add('show'); // Hide tooltip after 2 seconds setTimeout(() => { tooltip.classList.remove('show'); }, 2000); } catch (err) { console.error('Failed to copy: ', err); tooltip.textContent = 'Copy Failed'; tooltip.classList.add('show'); setTimeout(() => { tooltip.classList.remove('show'); }, 2000); } } function createTooltip(button) { const tooltip = document.createElement('div'); tooltip.classList.add('tooltip'); tooltip.textContent = 'Copy Link'; button.classList.add('copy-button'); button.appendChild(tooltip); return tooltip; } // Add event listener to the button document.getElementById('copyButton').addEventListener('click', copyToClipboard);

Orient Insurance Shareholders Approve 100% Capital Increase to AED 1 Billion

Dubai, United Arab Emirates; 12 November 2026: Orient Insurance, a leading UAE insurance provider and a subsidiary of Al-Futtaim, today announced that its shareholders have approved a 100% increase in the company’s share capital, from AED 500 million to AED 1 billion, at its General Assembly meeting held yesterday, 11 November 2026.

The resolution follows the recommendation of Orient Insurance’s Board of Directors and represents a significant step in the company’s long-term capital strategy.

The capital increase of AED 500 million is expected to be implemented through the issuance of bonus shares to existing shareholders. While the increase has been approved by shareholders, its implementation remains subject to the necessary regulatory approvals from the Capital Market Authority (CMA) and the Central Bank of the UAE (CBUAE).

The capital increase is intended to reinforce the company’s capital base and support its long-term growth ambitions, further strengthening its ability to pursue opportunities across the insurance sector.

Omer Elamin, President of Orient Insurance Group, said: “The shareholders’ approval marks an important milestone for Orient Insurance. Strengthening our capital base is an important part of our long-term strategy, supporting our ability to grow sustainably, respond to evolving market needs and continue delivering value to our customers and shareholders. This decision reflects our confidence in the company’s future and our commitment to maintaining a strong financial foundation.”

Orient Insurance will announce further details regarding the implementation of the capital increase following receipt of the necessary regulatory approvals and in accordance with applicable market disclosure requirements.

More news

Financial Services

November 12, 2026