Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company announced a contract sign off with International Medical Center (IMC)

The value of the signed medical insurance policy is more than 5% of the company's total revenue according to the latest approved financial statements for the year 2018, Saudi Enaya said in a statement to the Saudi Stock Exchange (Tadawul) on Tuesday.

The exact amount of the contract is SAR 33.1 million, Enaya revealed in a separate bourse filing, adding that it expects a positive impact to reflect on the company's financial statement for 2020.

Under the one-year agreement, starting from 1 February 2020, the insurance firm will provide medical insurance services for the International Medical Center’s staff and their family members.