| Element List |
Explanation |
| Date of Announcement of the Award |
2019-10-31 Corresponding to 1441-03-03 |
| Contract Subject Matter |
Providing Insurance coverage for Property Damage and Business Interruption Risks |
| Date of Signing the Contract |
2019-10-31 Corresponding to 1441-03-03 |
| Contract Value |
More than 5% of the company's annual sales |
| Contract Details |
Chubb Arabia Cooperative Insurance Company announces that it has received a confirmation from Sahara International Petrochemical Company (SIPCHEM) for the Insurance coverage for property damage and business interruption risks, for a period of one year from the date of 01/11/2019, in accordance with the terms and conditions agreed upon. |
| Contract Duration |
For one year from 01/11/2019. |
| Financial Impact and the Relevant Period |
The contract is expected to have a positive impact on the company's financial results for 2020 |
| Related Parties |
There are no related parties |
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