IssuerAnnouncementDetailsV2Portlet
Bupa Arabia for Cooperative Insurance Co. Announces Contract Award with Saudi National Bank (SNB)
Element List | Explanation |
---|---|
Introduction | Bupa Arabia for Cooperative Insurance Company announces it has received the award of the Saudi National Bank (SNB) to provide health insurance services to the bank’s employees and their families, for one year effective from 1 January 2025. |
Date of the Award | 2024-12-23 Corresponding to 1446-06-22 |
Counterparty | Saudi National Bank (SNB) |
Contract Value | 301,998,066 |
Contract Details | To provide health insurance services to the Saudi National Bank employees and their families, for one year effective from 1 January 2025. |
Related Parties | Ms. Huda Mohammed Nasser Bin Ghoson, as she is an Independent Board Member at Bupa Arabia and an Independent Board Member at SNB. |
Additional Information | The contract is expected to have a positive impact on the 2025 financial results of Bupa Arabia for Cooperative Insurance Company. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.