Gulf General Assembly Approves Transactions and Contracts with Al-Dabbagh Group

Gulf General Cooperative Insurance Company announced the results of its Ordinary General Assembly meeting (second meeting), which included approval of the transactions and contracts to be entered into between the company and Al-Dabbagh Group.

Board member Jamal Abdullah Al-Dabbagh has a direct interest in these transactions as the owner of the group. The transactions comprise insurance premiums written for a one-year period, with no preferential terms granted under the contracts.

The company noted that transactions conducted during 2025 consisted of written insurance premiums amounting to SAR 7 million.