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National Insurance Company Limited national Tower Combiner
The National Insurance Company was established in accordance with the Company Law for 1964, under the number 562600353, dated in 16/10/1995, in a declared capital value one million Jordanian Dinars, distributed amongst 100.000 shares, each share value is ten Dinars and all were subscripted. The National Insurance Company owns 99,999 of the shares. The Capital was increased in 2005 to ten million shares subscripted in total, and the National Insurance Company owns 9,037,400 of the shares, the percentage of 90.374% of the total capital of the National Towers Company. The company was transformed from a Limited Liability Company to Joint Stock Company under the number (562601153) in 2006. |
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The core work of the National Towers Company composed of twelve floors of total area (15.308) square meters and the building is almost fully leased and is currently one of the distinctive buildings in the city of Ramallah.
One of the most important goals of the company is to buy, sell and trade land and real estate, apartments, and separating or selling in cash or on instalments or mortgage of land and furnishing apartments, real estate, with or without services or other services and everything related to this activity. Developing, promoting and managing investments in various economical fields the commercial, industrial, services and others.
The Company engages in its work through its head office in Al-Bireh city and there are no other branches. |
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Mount David Hospital:
Mount David Hospital, founded in 1999, under No. (562441642) with capital of $ (5,000,000) JD divided into five million shares one JD is the nominal value of the shares. The National Insurance Company owns 4,999,000 shares of them or about 100% of the capital of the company, while the National Towers Company owns 1.000 shares. It should be noted that the hospital was shut down as a result of political and economical conditions in the region, and the company’s board of directors found that the closure of the hospital and bearing the custody and maintenance expenses as well as maintaining the less damage to the company when operating it.
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Elite Company for Services and Medical Consultations:
Elite Company for Services and Medical Consultations founded at the beginning of 2007 under the number (562497156) with capital of(350,000) US$ and divided into (350,000) shares of one dollar as nominal value of shares in U.S.
The National Insurance Company’s shares are 314.999 shares. The Elite Company Elite Company for Services and Medical Consultations increased its capital on 10/09/2008, up to the capital of (500,000) U.S. $ divided into (500,000) shares of one dollar for each nominal value. The National Insurance Company owns (450.000 shares, the percentage of 90% of the company’s capital.
One of the most important goals of the company is the establishment and management of clinics specialized in the various laboratory analysis, types of surgical and medical care and supervision of the activities of health centres and stations attached to it.
The services of the Company is currently extending to include the city of Ramallah, through four branches, and in the cities of Nablus, Hebron, Al Eizariya, also the company is currently in the process to open a Centre in the city of Jericho.
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Contributions and Other Investments:
| The Contribution of Our Company |
Currency |
Company Capital Completely |
Name of the Company |
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750,000 |
US$ |
6,375,000 |
Takaful Palestinian Company for Insurance |
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450,200 |
US$ |
30,000,000 |
AlRafah Bank for the Funding the Small Projects |
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525,000 |
JD |
2,100,000 |
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