We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Strongly disagree
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
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

Latest News

Saudi’s Almarai buys Argentina firm to secure livestock feed

Saudi Arabia's Almarai Co, the Gulf's biggest dairy firm by market value, has acquired Fondomonte SA which owns and operates farms in Argentina, to secure feed for its dairy herd and poultry businesses, it said on Wednesday.


December 22, 2011 1:32 by

“The transaction value is 312 million riyals ($83 million) and is financed from a combination of operational cash flows and Islamic banking facilities,” Almarai said in a bourse statement.

Fondomonte S.A. has three farms totalling 12,306 hectares which focus on the production of corn and soy beans, the statement said.

In June Almarai said it plans to invest 4 billion riyals in the poultry sector.

Earlier this month Almarai said it plans to increase its capital by 73.9 percent to 4 billion riyals from 2.3 billion through the distribution of one bonus share for each 1.739 shares. (Reporting by Asma Alsharif; Editing by Amran Abocar)


Tags: , , , ,

Leave a Comment