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Al Khaleejiya Assembly approves Dabagh projects
The Gulf General Insurance Company approved in its Ordinary General Assembly Meeting (Second) held in Jeddah on August 17, 2026, its dealings with the Dabbagh Group. These dealings include gross underwriting premiums amounting to a total of 7,043,000 SAR for the year 2025. The approval was granted with an endorsement rate of 86.25%, with the company reaffirming that there are no preferential conditions in these transactions and that they were conducted in accordance with prevailing commercial standards. The vote took place after the first meeting was unable to be convened due to the lack of quorum, and the second meeting was attended by 15.33% of the represented shares.
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