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The General Organization for Social Insurance (GOSI) is a Saudi Arabian government agency concerned with social insurance in the country. GOSI is supervised by a board of eleven directors from government departments, employers and insured persons.
The Citizen's Account Program in Saudi Arabia is a cash transfer program that started in December 2017. The program is adopted and implemented by The Ministry of Labor and Social Development. [1] Through the programme, citizens in Saudi Arabia get monthly payments from the state.
Salama Islamic Arab Insurance Company (Arabic: الشركة الإسلامية العربية للتأمين) also known as Salama is one of the largest and most established providers of Shariah-compliant Takaful [1] solutions globally. It is listed on the Dubai Financial Market [2] and has a paid-up capital of AED 939 million (USD 255 million ...
In 2005, health insurance was made compulsory for all non-Saudi nationals working in the country under the Cooperative Health Insurance Act. [5] [6] In 2008, this act was extended to include Saudi nationals working for the private sector. Enforcement of this compulsory coverage include fines for non-compliant companies and a refusal to renew ...
Many insurance companies will issue a claim check as a two-party check to ensure that the money from the claim is used to repair the vehicle or take care of other claim-related costs.
Weqaya (Arabic: وقاية), known also as Weqaya Takaful Insurance and Reinsurance Company, is one of the largest joint stock companies in Saudi Arabia, with a paid up capital of SR 200 Million. Weqaya Head Offices are located in Riyadh and there are three Regional Offices in Jeddah and Khobar .
Arabian Shield Cooperative Insurance Company sells insurance products including motor, marine, property and medical insurance. In addition, the company also provides claim settlement services to its policyholders. Its customer base includes the private individuals and also the corporate clients. [1]
Saudi National Bank (SNB) البنك الأهلي السعودي: Riyadh: 1953: 1180 Saudi Awwal Bank (SAB) البنك السعودي الأول (ساب) Riyadh: 1978: 1060 The Saudi Investment Bank (SAIB) البنك السعودي للاستثمار: Riyadh: 1976: 1030 Alinma Bank: مصرف الإنماء: Riyadh: 2006: 1150 Banque Saudi ...