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Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
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Latest News

Oil prices lift Saudi stocks in early trade

Oil prices lift Saudi stocks in early trade

Saudi shares open higher led by gains in petrochemical stocks after oil prices posted on Friday, the biggest quarterly gain since the beginning of 2011.

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April 1, 2012 10:48 by



Saudi shares open higher led by gains in petrochemical stocks after oil prices posted on Friday, the biggest quarterly gain since the beginning of 2011.

The growing threat of a disruption to Iranian exports added to supply concerns, pushing prices up.

The all-share gains 0.7 percent to 7,830 points and the petrochemical index adds 0.9 percent to 7,260 points.

Petrochemical giant Saudi Basic Industries Corp (SABIC) gains 0.9 percent in early trade.

The banking index rises 0.4 percent to 18,019 points. (Reporting by Reem Shamseddine)



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