Magazine date:
Dec 2017 Forbes magazine has ranked Saudi insurer Tawuniya at the 69th place in the list of top 100 Arab companies' list. The list also includes 36 other Saudi companies operating in different economic sectors.
The study, which covered 1 300 companies in the Arab world, is based on four main criteria, namely: market value, turnover, net result and total assets.
Tawuniya is the largest insurer in Saudi Arabia. In 2016, the company generated a net result of 732.8 million SAR (195.5 million USD). The shareholder's equity amounted to 2.9 billion SAR (780.9 million USD). /p>
More news:
- The Saudi Arabia insurance industry [4]