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Salama Cooperative Insurance Company announces the receipt of a no-objection from the Insurance Authority, including the approval for the formation of the Risk Management Committee.

SALAMA 8050 1.02% 9.90 0.10
Element List Explanation
Announcement Detail With reference to the results of the Ordinary General Assembly Meeting of Salama Cooperative Insurance Company held on Wednesday, 18/03/1447H corresponding to 10 September 2025G, which included the election of the members of the Board of Directors from among the nominees for the new term commencing on 11/09/2025G and lasting for four years, ending on 10/09/2029G.

Based on the resolution of the newly elected Board of Directors regarding the formation of the Risk Management Committee dated 14/10/2025G, subject to obtaining the no-objection from the Insurance Authority.

Salama Cooperative Insurance Company would like to announce the receipt of the Insurance Authority’s No Objection Letter dated 14 Jumada Al-Awwal 1447H (corresponding to 05 November 2025G), approving the formation of the Risk Management Committee for the current Board term (11 September 2025G – 10 September 2029G), as follows:

Risk Management Committee:

Mr. Abdelfattah Eltawil (Chairman)

Mr. Muntasar Foudah – (Member)

Mr. Muath Alhadi –(Member)

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