| From Reuters: The Saudi insurance market is ripe for mergers and acquisitions but these await a nod from the central bank, the chief executive of the kingdom's biggest insurance firm Tawuniya 8010.SE said.
Ali Al-Subaihin also told the Reuters Middle East Investment Summit that Tawuniya does not plan to tap the debt market after Standard & Poor's Ratings Services revised its outlook on the firm to stable from negative earlier this week..............................................Full Article: Source
|