Riyadh – Mubasher: Saudi’s Mediterranean and Gulf Cooperative Insurance and Reinsurance (Medgulf) announced Monday that it received SAR 260.5 million ($69.46 million) dues from Medgulf Bahrain.
Medgulf Bahrain owns 40.5% stake in Medgulf KSA.
Medgulf KSA expected the dues to have a positive financial impact in supporting the company's financial capacity and boosting its investments.
