Takaful International plans joint ventures in Kuwait and Saudi Arabia

The Takaful International Company is planning to conclude a joint venture in Kuwait and Saudi Arabia in order to get advantage of these markets opportunities whose growth is estimated at 20% per year.
Takaful International, which obtained license for the creation of a company in Kuwait endowed with 17 million USD in capital, has submitted a request to the Saudi authorities in view of setting up a company with a 27 million USD capital.