fbpx
  • About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Insurance

Orient Insurance Postpones Saudi Arabia Expansion Plans to 2022

The Global Economics by The Global Economics
July 7, 2020
in Insurance, Trending
Reading Time: 2 mins read
0
The broker recommends buyers sign the insurance contract.

The broker recommends buyers sign the insurance contract.

75
SHARES
419
VIEWS
FacebookTwitterRedditWhatsAppLinkedInShare Link

Orient Insurance, one of the largest insurers in the United Arab Emirates, has announced to postpone the launch of its earlier decided- entry into Saudi Arabia from this year to the middle of 2022 due to the spread of coronavirus and travel restrictions.

With the remaining approvals from officials and in a statement lodged with the Dubai Financial market, the company was expectant of expanding across Saudi Arabia this year. 

Before the insurer could cruise to the kingdom, the spread of the coronavirus and subsequent restrictions on traveling made it difficult to go with the decision. As per Orient Insurance, the postponement will help with a stronger entry into the Saudi market once the operations kick-start.

Orient Insurance went with the regulatory authorities to adjourn their market entry into Saudi in 2022 and has received the approval from Saudi Arabian Monetary Authority (SAMA).

The company had obtained initial approval from SAMA earlier last year to set up branches in Saudi Arabia with a capital of AED300m ($82m) and this year, Orient Insurance had started with the necessary steps and licensing procedures to initiate their expansion and operations.

The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

Coinbase to expand its footprint into the European Union in 2022
Crypto & Fintech

Coinbase to expand its footprint into the European Union in 2022

by Sakshi K S
June 30, 2022
DIFC unveils the region’s first Open Finance Lab in 2022
Crypto & Fintech

DIFC unveils the region’s first Open Finance Lab in 2022

by Ritu M R
June 29, 2022
LATAM Airlines to omit single-use plastics by 2023
Ultility

LATAM Airlines to omit single-use plastics by 2023

by Ritu M R
June 28, 2022
Nike revenue strikes as Europe demand dominates China sales slump in 2022
Retail

Nike revenue strikes as Europe demand dominates China sales slump in 2022

by Ritu M R
June 28, 2022
PhysicsWallah gains a whopping USD 100 million in seed funding round
Funds

PhysicsWallah gains a whopping USD 100 million in seed funding round

by Sakshi K S
June 9, 2022
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Facebook Twitter Instagram Youtube LinkedIn Soundcloud
The Global Economics

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Oman: Jumeirah Group to open its first luxury resort in 2022

Oman: Jumeirah Group to open its first luxury resort in 2022

June 30, 2022
Coinbase to expand its footprint into the European Union in 2022

Coinbase to expand its footprint into the European Union in 2022

June 30, 2022
Central Bank of Europe ready to ‘stamp out’ surging inflation in 2022

Central Bank of Europe ready to ‘stamp out’ surging inflation in 2022

June 30, 2022
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Receive the latest news

Subscribe To Our Weekly Newsletter

Get notified about new articles, delivered right into your email inbox.

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version