Orient Insurance expands into Saudi Arabia

Pedro Gonçalves
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Orient Insurance expands into Saudi Arabia

UAE's Orient Insurance has received approval from the Saudi Arabian Monetary Authority (SAMA) to open branches in the kingdom. Owned by Dubai-based family conglomerate Al-Futtaim Group, the company is currently working to complete the licensing procedures and is expected to start its operation during the current year. Sarran Mane Abu Saq has been appointed CEO of the company in Saudi Arabia.  Abu Saq is an ACII of the Chartered Insurance Institute and has worked at a number of insurance...

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