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Alinma Tokio Marine renews SAR 51m deal with Aljomaih Group

Alinma Tokio Marine renews SAR 51m deal with Aljomaih Group
Alinma Tokio expected that the contract will impact positively on its 2019 financial performance.
ALINMA TOKIO M
8312
0.31% 12.80 0.04

Riyadh – Mubasher: Saudi Arabia-based Alinma Tokio Marine Co on Sunday announced renewing a SAR 51 million insurance agreement with Aljomaih Group for a year.

Under the deal, Alinma Tokio Marine will provide various insurance solutions and services for Aljomaih, starting from 1 March, according to a statement to the Saudi Stock Exchange (Tadawul).

The Tadawul-listed company expected that the contract will impact positively on its 2019 financial performance.

By 1:08 pm Saudi time, Alinma Tokio Marine Co’s stock levelled up 0.89% to SAR 15.96.