Logo ofGulf Union Alahlia Cooperative Insurance Co.
The Capital Market Authority (CMA) approved Gulf Union Alahlia Cooperative Insurance Co.‘s request to increase its capital from SAR 458.95 million to SAR 687.18 million, through issuing 22.82 million ordinary shares. This is for merge with Gulf General Cooperative Insurance Co. (GGCI) and transfer the latter’s assets and liabilities to Gulf Union Alahlia through a securities exchange offer. 
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Logo ofGulf Union Alahlia Cooperative Insurance Co.
The Capital Market Authority (CMA) approved Gulf Union Alahlia Cooperative Insurance Co.‘s request to increase its capital from SAR 458.95 million to SAR 687.18 million, through issuing 22.82 million ordinary shares. This is for merge with Gulf General Cooperative Insurance Co. (GGCI) and transfer the latter’s assets and liabilities to Gulf Union Alahlia through a securities exchange offer.
