The Mediterranean & Gulf Cooperative Insurance & Re-insurance company (Medgulf) announced today on tadawul the signing of an agreement with Bin Laden Group.
According to the agreement Medgulf will provide medical insurance coverage for Bin Laden’s employees and their families for a fiscal year starting on 1/7/2013.
The agreement will boost annual sales this year by 5% compared to prior year.
The financial impact of this agreement will be realized in 2013 financials.
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