Saudi Mortgage Guarantee Services Company (Dhamanat), a company owned by the Real Estate Development Fund, has been granted a license by the Saudi Arabian Central Bank (SAMA) to conduct life and non-life insurance business in the Kingdom.
This initiative reflects SAMA's efforts to promote financial stability and foster national economic growth in order to meet the objectives of the "Saudi Vision 2030" development plan.
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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-203-july-2023