The Capital Market Authority in Saudi Arabia (CMA) has approved the share capital increases of Gulf Union Alahlia Cooperative Insurance and of Wataniya Insurance.
Both insurers will carry out a capital increase of 229.47 million SAR (61.1 million USD) and 200 million SAR (53.25 million USD) respectively.
Read also | Best insurance companies in Saudi Arabia [4]
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fgulf-union-alahlia-and-wataniya-insurance-share-capital-increase&text=Gulf+Union+Alahlia+and+Wataniya+Insurance%3A+share+capital+increase
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fgulf-union-alahlia-and-wataniya-insurance-share-capital-increase&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-189-march-2022
[4] https://www.atlas-mag.net/en/article/insurance-companies-in-saudi-arabia-ranking-2018