Saudi Enaya Cooperative Insurance Co.’s (Saudi Enaya) board of directors has recommended a capital increase through a SAR 200 million rights issue, the insurer said in a statement to Tadawul.

 

The capital hike, which is pending regulatory and shareholder approval, aims to support future expansions and improve solvency.

 

The number of shares and the offering price will be determined upon obtaining the approval of the Capital Market Authority (CMA) and the Saudi Arabian Monetary Authority (SAMA).

 

Shareholders of record on the extraordinary general meeting date are entitled to subscribe to the capital hike.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request