Wataniya Insurance wins SAR 53.6 mln contract from Samsung C&T Saudi Arabia

17/08/2022 Argaam

Logo of Wataniya Insurance Co.

Wataniya Insurance Co. was awarded an insurance contract, on Aug. 16, by Samsung C&T Corp. Saudi Arabia, valued at SAR 53.6 million.

 

The contract includes insuring all contractors’ risks for the project NEOM Spine Infrastructure-Running Tunnels (Mountain Section), according to the company’s statement on Tadawul.

 

No related parties are included in the deal, the statement added.

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