Saudi Re raises its Capital to SAR 1.698 billion through Bonus Shares
Saudi Reinsurance Company “Saudi Re” announced that the Extraordinary General Assembly, in its meeting held on October 9, approved increasing the Company’s capital from SAR 1.158 billion to SAR 1.698 billion (USD 452.8 million) by capitalizing SAR 539.8 million from retained earnings. As a result, the Saudi Re’s total number of shares will rise from […]
