Logo of Gulf General Cooperative Insurance Co.
Gulf General Cooperative Insurance Co.’sshareholders rejected the business transactions and contracts between the company and Al-Dabbagh Group (ADG) during the ordinary general meeting (OGM) held on June 23. 
Board member Jamal Al-Dabbagh has a direct interest as the owner of ADG, the company said in a statement to Tadawul.
The transactions relate to SAR 7.04 million in insurance premiums written last year, with no preferential terms.
Shareholders also approved the discharge of board members from liability for 2025 along with the remaining agenda items, the statement said.
Logo of Gulf General Cooperative Insurance Co.
Gulf General Cooperative Insurance Co.’sshareholders rejected the business transactions and contracts between the company and Al-Dabbagh Group (ADG) during the ordinary general meeting (OGM) held on June 23.
Board member Jamal Al-Dabbagh has a direct interest as the owner of ADG, the company said in a statement to Tadawul.
The transactions relate to SAR 7.04 million in insurance premiums written last year, with no preferential terms.
Shareholders also approved the discharge of board members from liability for 2025 along with the remaining agenda items, the statement said.
