Mubasher TV
Contact Us Advertising   العربية

Strategic partner owes Gulf Union SAR 14.76m

Strategic partner owes Gulf Union SAR 14.76m
The strategic partner has a credit balance of SAR 14.31 million
GULF UNION ALAHLIA
8120
-0.79% 12.56 -0.10

Riyadh – Mubasher: Gulf Union Cooperative Insurance said that the actual credit to be repaid by the company’s strategic partner Gulf Union Insurance and Projects Management Holdings stands at SAR 14.76 million ($3.94 million).

Gulf Union said that its strategic partner has a credit balance of SAR 14.31 million, based on the legal accountant’s report on the financial statements of fiscal year 2016, according to a bourse statement issued on Wednesday.