Riyadh – Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) will hold an Extraordinary General Assembly Meeting on 29 June 2026, which will focus on a strategic proposal to offset accumulated losses using the …
Riyadh – Mubasher: The Capital Market Authority (CMA) has approved a request from The Company for Cooperative Insurance (Tawuniya) to increase its share capital by 50% through the issuance of bonus shares, according to an official statement. This …
Riyadh - Mubasher: Gulf Insurance Group (GIG) has received final approval from the Saudi Insurance Authority to market its freight service liability insurance product to group customers in the Kingdom. The approval was granted on 4 June 2026 and …
Riyadh - Mubasher: Charalampos Mylonas resigned from his position as the Vice Chairman and Managing Director of Mutakamela Insurance Company, effective 4 June 2026, due to personal reasons. Since 17 April 2024, Mylonas served as Chairman of the …
Riyadh – Mubasher: Gulf General Cooperative Insurance Company (GGCI) announced the resignation of Muath Khalid Abdullah Alzamil from his position as an independent board member, effective on 8 June 2026. Alzamil submitted his resignation on 5 June …
Riyadh – Mubasher: The shareholders of Wataniya Insurance Company approved the appointment of Pricewaterhouse Coopers and KPMG as the external auditors to examine, review, and audit the interim financial results for 2026 and the first quarter (Q1) …
Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) has announced a formal update to the agenda for its upcoming Extraordinary General Assembly meeting that will take place on 28 June 2026, according to a bourse filing. The …
Riyadh – Mubasher: The Insurance Authority (IA) granted its approval for Gulf General Cooperative Insurance Company (GGCI) to market and sell the tourist visa insurance product for individual tourists visiting the Kingdom. The product has been …
Riyadh - Mubasher: Salama Cooperative Insurance Company has received on Tuesday, 2 June 2026, a notification from the Insurance Authority (IA), for renewing the company qualifying license for practice medical insurance. The license is valid for …
Riyadh - Mubasher: Al Sagr Cooperative Insurance Company has obtained the final approval from the Insurance Authority (IA) to market and sell its Health Insurance for Athletes product for both individuals and groups. The approval was obtained on …
Riyadh - Mubasher: Arabia Insurance Cooperative Company received, on 25 May 2026, the Insurance Authority’s (IA) final approval for the marketing and sale of the Tourist Policy product offered to individual tourist customers visiting the Kingdom. …
Riyadh – Mubasher: Liva Insurance Company KSA has appointed Mohamed Mahmood Al Tooblani as the company’s new CEO, according to a bourse disclosure. The board of directors issued a resolution by circulation on 7 May 2026 to appoint Al tooblani in …
Riyadh – Mubasher: Bupa Arabia for Cooperative Insurance Company has announced the receipt of a contract award from Saudi Basic Industries Corporation (SABIC) on 24 May 2026 to renew cooperative health insurance services. The agreement ensures the …
Riyadh – Mubasher: Saudi Reinsurance Company (Saudi Re) has announced the formal appointment of its Chairman and Vice Chairman for the new four-year board term, according to a bourse disclosure. Following the receipt of a no-objection notification …
Riyadh – Mubasher: Allied Cooperative Insurance Group (ACIG) has obtained an approval from the Insurance Authority (IA) for the annual re-licensing to practice health insurance, according to a bourse disclosure. The license allows the company to …
Riyadh – Mubasher: Al Etihad Cooperative Insurance Company has obtained the final approval from the Saudi Insurance Authority (IA) to market and sell its new Tourist Insurance product, according to a bourse filing. The insurance solution is …
Riyadh – Mubasher: Al Rajhi Company for Cooperative Insurance, known as Al Rajhi Takaful, has invited its shareholders to participate in an extraordinary general meeting (EGM) scheduled for 21 June 2026, according to a bourse filing. The primary …
Riyadh – Mubasher: Saudi Arabian Cooperative Insurance Company (SAICO) has appointed of Khalid Ali A. Ballow as the firm’s Acting CEO to be effective as of 21 May 2026, according to a bourse filing. The appointment was confirmed by the company’s …
Riyadh – Mubasher: Gulf General Cooperative Insurance Company (GGCI) has appointed Mohammed Abdullah Alghamdi as its Acting Chief Executive Officer (CEO), according to a bourse filing. In accordance with the regulatory framework governing the …
Riyadh – Mubasher: Aljazira Takaful Taawuni Company achieved net profits, after Zakat, worth SAR 7.46 million in the first quarter (Q1) of 2026, which marked an annual plunge of 53.69% from SAR 16.11 million in Q1-25. The insurance revenue, …
Riyadh - Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) logged net profits after Zakat attributable to the shareholders valued at SAR 36.24 million in the first quarter (Q1) of 2026. The generated profits were …
Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) generated revenue worth SAR 5.76 billion during the first quarter (Q1) of 2026. The result marked an annual increase of 12.64% from the SAR 5.12 billion insurance revenue …
Riyadh – Mubasher: Mutakamela Insurance Company posted net losses after Zakat worth SAR 10.62 million in the first quarter (Q1) of 2026, shifting from net profits of SAR 5.80 million in Q1-25. The loss per share stood at SAR 0.17 in Q1-26, against …
Riyadh – Mubasher: Arabian Shield Cooperative Insurance Company achieved net profits after Zakat worth SAR 4.89 million during the first quarter (Q1) of 2026. The net income in January-March 2026 reflected a 24.09% decrease from SAR 6.45 million …
Riyadh - Mubasher: Al Etihad Cooperative Insurance Company recorded net profits attributable to the shareholders valued at SAR 9.42 million in the first quarter (Q1) of 2026, down 43.43% from SAR 16.66 million in Q1-25. The insurance revenues …
