insurance

Economy

Big insurance firms needed in Saudi Arabia to invigorate sector: Minister of Finance

Follow-ups -eshrag News: RIYADH: Professional networking solution provider LinkedIn has revealed the annual ranking of the top 10 startups based…

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Economy

Moody’s downgrades MEDGULF KSA’s insurance financial strength rating to Ba2

Follow-ups -eshrag News: Mon, 2022-09-26 17:39 RIYADH: Moody’s Investors Service has downgraded the Mediterranean and Gulf Cooperative Insurance and Reinsurance…

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Economy

Insurance company loses $435 million claim in Dubai’s Address Hotel New Year fire

Follow-ups -eshrag News: Oil Updates — Crude steady; Russia to raise tax on fuel; Iranian fuel ships to sail to…

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Economy

Saudi and UAE central banks pen insurance supervision agreement

Follow-ups -eshrag News: RIYADH: Abdulmohsen Alhokair Group for Tourism and Development, one of Saudi Arabia’s largest hospitality firms, was granted…

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Economy

Saudi insurance rivals Amana, ACIG unveil initial plans for possible merger 

Follow-ups -eshrag News: Oil Updates — Crude climbs; Pyrenees pipeline not a priority for France; Indonesia hikes fuel prices RIYADH:…

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Economy

China In-Focus — Asian giant halts over 20 IPOs; unemployment insurance payouts hit record high

Follow-ups -eshrag News: RIYADH: Chinese bourses have halted processing more than 20 initial public offering plans sponsored by China Merchants…

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Economy

Samsung awards NEOM insurance contract to Saudi-listed Wataniya

Follow-ups -eshrag News: RIYADH: The mutual trade between Saudi Arabia and the Republic of Uzbekistan reached $95 million in the first…

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Economy

Walaa Insurance gets CMA nod to hike $227m capital for SABB Takaful merger

Follow-ups -eshrag News: Wed, 2022-08-10 17:04 RIYADH: Walaa Cooperative Insurance Co. has received approval from the Capital Market Authority to…

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Economy

Arabia Insurance postpones EGM for capital raise as underwriter withdraws

Follow-ups -eshrag News: Tue, 2022-08-02 13:11 RIYADH: In an unprecedented move for a Saudi-listed company, Arabia Insurance Cooperative Co. has…

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Economy

Saudi Central Bank approves SABB Takaful’s merger with Walaa Insurance

Follow-ups -eshrag News: RIYADH: Almutlaq Real Estate Investment Co., the real estate subsidiary of the Al Mutlaq Group, has strong confidence…

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