Bupa Arabia establishes a contract with the National Commercial Bank of Saudi Arabia for one year.
Bupa Arabia for Cooperative Insurance reported to the Saudi stock market (Tadawul), published on Wednesday, that it has received an order from the National Bank of Saudi Arabia to provide cooperative health insurance services for the bank's employees and their families for a full calendar year starting from January 1, 2025.
Under the agreement with the National Bank of Saudi Arabia, Bupa Arabia will provide cooperative health insurance services for the bank's employees and their families for one calendar year starting from January 1, 2025.
Additionally, Bupa Arabia expects this contract to have a positive impact on the financial results and annual performance of the Saudi insurance company during the coming year.
Bupa Arabia had previously reported a net profit increase of 29.392% during the first nine months of the year, reaching 356.282 million riyals, compared to a net profit of 275.350 million riyals achieved by Bupa Arabia in the same period last year.