MIS said the regulatory procedures were completed on May 14, 2026.
Al Moammar Information Systems Co. (MIS) received regulatory approval from the Insurance Authority and completed procedures to acquire a 15% stake in car insurance platform Eltizam for SAR 19.5 million.
In a Tadawul statement, the company said the regulatory procedures were completed on May 14, 2026.
In October 2025, MIS board approved the acquisition of a 15% stake in the Eltizam Insurance as part of the platform’s investment round, Argaam reported.
MIS said the regulatory procedures were completed on May 14, 2026.
Al Moammar Information Systems Co. (MIS) received regulatory approval from the Insurance Authority and completed procedures to acquire a 15% stake in car insurance platform Eltizam for SAR 19.5 million.
In a Tadawul statement, the company said the regulatory procedures were completed on May 14, 2026.
In October 2025, MIS board approved the acquisition of a 15% stake in the Eltizam Insurance as part of the platform’s investment round, Argaam reported.

