Chbash Signs Engineering Insurance Deal
Tabreed Arabia Cooperative Insurance Company has provided engineering risk coverage through the signing of a two-and-a-half-year contract with Larsen & Toubro Arabia. This addition is a significant enhancement to the company's portfolio in the engineering insurance sector. The value of the contract exceeds 5% of the company's projected annual revenues for 2025 and is expected to have a positive financial impact on its results during 2026 and 2027. The contract does not involve any related parties and falls within the company's usual business activities, in accordance with applicable laws and regulations.
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