Arabia Insurance bags SAR 40 mln contract from Aljomaih Group

Logo of Arabia Insurance Cooperative Co.

Arabia Insurance Cooperative Co. bagged a SAR 40 million contract from Aljomaih Group to provide general and motor insurance services for one year starting today, March 1, the company said in a statement to Tadawul.

The contract is expected to be signed today.

The contract is likely to impact the financials of 2022 positively, the statement noted.

There are no related parties to the contract.

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Arabia Insurance bags SAR 40 mln contract from Aljomaih Group

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