Money and business

Approval of raising the capital of “Insurance” to 400 million riyals


A company announced "Cooperative insurance" About obtaining the approval of the insurance authority to increase the company’s capital from 300 million riyals to 400 million riyals. "Saudi Arabia trading"Today, Monday, by receiving a letter of approval on June 15, noting that the increase in capital by 33% consists of 52 million of the profits, and 48 million of the regular reserves. Merit. "Stir" The raising of the capital comes in support of the capitalist base and the future activities of the company.

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