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Saudi Central Bank approves Gulf Union Al Ahlia's capital raise to $122mln
The Saudi Central Bank (SAMA) has approved the capital increase of Gulf Union Al Ahlia Cooperative Insurance to SAR 458.9 million ($122 million). The company announced to the Saudi Stock Exchange (Tadawul) that it had received a letter which included approval from SAMU to increase its capital from SAR 229.4…
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