Alkhaleej Training inks SAR 29.2M medical coverage contract with Tawuniya

27/08/2024 Argaam
Logo of Alkhaleej Training and Education Co.

Logo of Alkhaleej Training and Education Co.

Alkhaleej Training and Education Co. (Alkhaleej Training) signed today, Aug. 27, a contract with The Company for Cooperative Insurance (Tawuniya) to provide medical insurance services for its employees and their families at a total value of SAR 29.19 million, excluding VAT, according to a statement to Tadawul.
 
 

The contract will extend for one Georgian year as of Sept. 1, 2024, with the relevant financial impact to appear in financial statements for 2024 and 2025.

 

Board member, Mohammed Al Quraisha, has an indirect interest in the contract, in his capacity as the senior executive general manager of key accounts and corporate sales at Tawuniya.

 

The contract comes within the normal course of business and does not grant any preferential benefits, the statement added.

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