JIC and MEIC will increase the capital of their subsidiaries in Saudi Arabia

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Jordan Insurance Company and Middle East Insurance Company have jointly announced a capital increase for their branches in Saudi Arabia, in application of the recently adopted legislation. The law requires that the capital of insurance companies operating in Saudi Arabia should not be inferior to 100 million Rials (26.7 million USD).

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Mon, 13/05/2013 - 14:12
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