| Element List |
Explanation |
| Introduction |
Gulf Union Al Ahlia Cooperative Insurance Co. announces that it has received on Tuesday 10/10/2023 the Firm order / confirmation letter for the renewal of the insurance contract with Al Rushaid Group to provide cooperative Health insurance services to its employees and their families for one Gregorian year |
| Date of the Award |
2023-10-10 Corresponding to 1445-03-25 |
| Contract Value |
The contract value exceeds 5% of the Gross written premiums according to the audited financial statements for the year 2022 |
| Expected Date for Signing the Contract |
2023-10-15 Corresponding to 1445-03-30 |
| Contract Details |
Renewal of the contract with Al Rushaid Group to provide Health Insurance services according to relevant terms and conditions, for the group employees and their families for one year starting from 15 October 2023 |
| Related Parties |
There are no related parties |
| Additional Information |
The contract is expected to have a positive impact on Gulf Union Al Ahlia Cooperative Insurance Co. financial results for 2023 and 2024 |
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