Saudi Enaya inks health insurance deal with Soliman Fakeeh Hospital

Enaya will provide health insurance to the hospital’s staff

 Image used for illustrative purpose.

Image used for illustrative purpose.

Getty Images/Virojt Changyencham

Riyadh – Saudi Enaya Cooperative Insurance Company (Enaya) signed a health insurance agreement with Soliman Fakeeh Hospital.

Under the deal, Enaya will provide health insurance to the hospital’s staff and their dependents, according to Enaya’s statement to the Saudi Stock Exchange (Tadawul) on Thursday.

The company noted that the one-year deal will have a positive impact on its financial results.

The gross value of the deal will exceed 5% of Enaya’s gross revenue for the year ended 31 December 2018.

Mazen Soliman Fakeeh is a related party in the contract, the statement added.

It is worth noting that Enaya’s accumulated losses fell to 15.2% of its capital as of 19 January, recording SAR 45.67 million.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Business