8 Hrs
Source:
الاقتصادية
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United Insurance Begins Liquidation After Rejection
The Commercial Court in Riyadh has decided to open liquidation proceedings for United Cooperative Insurance Company, after rejecting its request for financial reorganization. Mar’i Al-Omari has been appointed as the liquidator to carry out the process. The company will review the judgment to understand its details and will announce any updates later. The financial impact of this change cannot currently be determined. The company affirms that it will take the necessary legal actions to protect its interests and those of its shareholders, while remaining committed to disclosing any major future developments.
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