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Gulf Union Alahlia Cooperative Insurance Co. Announces that it received the Saudi Central Bank “No-Objection” on the Online Insurance Activities

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Announcement Detail Gulf Union Al Ahlia Cooperative Insurance Company would like to announce that it received the Saudi Central Bank No-Objection on transferring the Online Insurance Activities from Al Ahlia Cooperative Insurance Company (previously) to Gulf Union Al Ahlia Cooperative Insurance Company, where this no objection enables Gulf Union Al Ahlia Cooperative Insurance Company to sell the following products through its website: (1- Medical malpractice Insurance, 2- Travel Insurance, 3- Third Party Liability Motor Insurance, 4- Comprehensive Motor Insurance). It is to be noted that Gulf Union Al Ahlia Travel Insurance product does not cover Covid-19.

The Capital Market Authority and the Saudi Stock 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.

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Last Price Net Change
18.1 0.52 (+2.96%)
Value Traded (SAR) Volume Traded
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