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BUPA ARABIA FOR COOPERATIVE INSURANCE ANNOUNCES THE RECEIPT OF THE SAUDI CENTRAL BANK NO-OBJECTION TO ESTABLISH ("BUPA ARABIA VENTURES").

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Announcement Detail Bupa Arabia For Cooperative Insurance announces it has received, on 04/10/2021, the no objection of the Saudi Central Bank to establish (“Bupa Arabia Ventures”), a one-person Limited Liability Company that is wholly owned by Bupa Arabia, to participate and invest in enabling and activating the HealthTech and InsurTech sectors to benefit from the digital transformation supported by Vision2030 and the Saudi Financial Sector Development Program.

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.

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