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The Saudi Civil Defense has announced that obtaining third-party cooperative insurance is a mandatory requirement for issuing and renewing licenses for certain activities, as part of efforts to enhance safety and reduce the risks of accidents. Initially, this applies to warehouses for chemical materials, storage of oils and medical waste, wholesale wood sales, general warehouses, tire storage facilities, and the manufacturing of paints and industrial detergents. The purpose of this requirement is to ensure the readiness of facilities, protect the rights of individuals and stakeholders, and minimize the financial burdens resulting from accidents. Civil Defense emphasizes the importance of facilities complying with this condition before licensing or renewing their permits to ensure a cohesive approach between preventative measures and regulatory standards.
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