Dubai – Mubasher: Alliance Insurance reported a 44% year-on-year increase in its profits during the first quarter of 2017, according to a bourse statement.
Profits amounted to AED 13.13 million ($3.58 million) in Q1-17, compared to AED 9.12 million ($2.48 million) in Q1-16.
Total revenues stood at AED 27.96 million in Q1-17, up 49.4% from AED 18.71 million in Q1-16.
