Saudi Walaa Insurance ink $2.58mln deal with Advanced Petrochemical
Oil refinery power station at sunset, Petrochemical industrial plant. Image used for illustrative purpose.
GettyimagesRiyadh – Walaa Cooperative Insurance Company has signed an insurance agreement with Advanced Petrochemical Company.
Under the SAR 9.53 million deal, Walaa will provide various insurance coverage services to the petrochemicals company, according to a statement to the Saudi Stock Exchange (Tadawul) on Thursday.
The contract duration is one year, the statement revealed.
Furthermore, the financial impact of the policy will appear on the financial results of 2020.
Source: Mubasher
All Rights Reserved - Mubasher Info © 2005 - 2020 Provided by SyndiGate Media Inc. (Syndigate.info).
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 Financial Services
