Riyadh – Mubasher: Alahli Takaful Company has announced the renewal of a SAR 54.7 million insurance contract with National Commercial Bank for one year starting 1 January 2020.
The company expects that the transaction will have a positive impact on its financials for the year 2020, according to a bourse statement released on Tuesday.
“AlAhli Takaful confirms that the contract is in the ordinary course of business and has not been granted any special benefits,” the statement added.
