Saudi news

Al Rajhi Takaful signs a contract with Petro Rabigh

Al-Rajhi Cooperative Insurance Company “Al-Rajhi Takaful” announced the signing of a contract with Rabigh Refining and Petrochemical Company “Petro Rabigh” to provide health insurance services to the company’s employees and their families, for a period of one calendar year.

The company said in a statement on “Tadawul Saudi Arabia”, today, Tuesday, that the contract includes the provision of health insurance services to the employees of “Petro Rabigh” and their families, in accordance with the agreed terms and conditions.

She added that the value of the contract exceeds 5% of the total annual insurance premiums for the fiscal year 2021 AD.

She explained that the contract is expected to have a positive financial impact on the company’s financial results for the year 2023.

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