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NewsTranscript
00:00 We have decided to increase our capital by 50% and we will submit the request to CMA at any time soon.
00:08 We will raise $425 million, or 42,500,000 Saudi Riyals, to a value of 1 Riyal.
00:16 This is the plan. This supports our growth plan.
00:21 Over the past 15 years, we have become the fifth largest insurance company and the second largest insurance company in the PNC sector.
00:31 We are now entering the health insurance sector in a big way.
00:34 We were a very small player in the health insurance sector.
00:38 Our plan for the future is to enter the health insurance sector and also cars,
00:42 because the market expects that 60% of the health insurance will be provided by the market, and 20% will be provided by cars.