Saudi Enaya seals health insurance agreement with Soliman Fakeeh Hospital

11/07/2019 Argaam

 

Saudi Enaya Cooperative Insurance Co. (Enaya) inked an agreement with Dr. Soliman Fakeeh Hospital to provide health insurance services to the hospital’s staff and their dependents, the Saudi insurer said in a bourse statement.

 

The contract will extend for one year as of July 13, 2019, and will have a positive financial impact on Enaya’s financials.

 

The gross value of the agreement will exceed 5 percent of Enaya's gross revenue for FY18. 

 

Mazen Soliman Fakeeh is a related party in the contract, the statement added.

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