The Ministry of Transport has decided to implement new regulations for taxis, whether owned by individuals or firms, starting from mid-February. The new regulations involve extensive amendments, mainly insurance coverage to include third parties, the passengers and drivers through an…
JEDDAH – Significant opportunities for growth are present in emerging markets such as Saudi Arabia and the UAE, the EY report ‘Waves of Change: The Shifting Insurance Landscape in Rapid-Growth Markets’ said. Gordon Bennie, EY MENA Financial Services Leader, said: “Insurance…
JEDDAH — If the Ministry of Health allocates 25 percent of its SR60 billion budget to providing medical insurance to public sector employees, it will be able to fully cover all government employees, insurance and medical experts agreed. The majority of…