and call of the Council of Pastors No. 233 dated 16/09/1427H. It picked capital of Saudi Arabia to be the peak working environment zone. within the year 2010 the corporate got SAMA’s underwriting to propel assurance stock. the corporate goes for element each and every correlated activitie to insurance. the corporate performs such fills in as is also essential to fathom its destinations paying little mind to whether to the extent assurance or theory of its capital.It may claim and establish secured or capital assets in like way as offer, supplant or rent an indistinguishable, paying little heed to whether clearly or through associations it develops consequently or by method for relationship with others. the key activity of the corporate joins giving security organization within the fields of: vehicles, restorative, ocean payload, fire, planning, flight, power, bunch life confirmation and setbacks.
SAICO highlights a capital of SR a hundred million secluded into ten million shares with a face expense of SR10 per offer. The association’s creators contributed a complete face estimation of SR60 million (6 million shares) addressing sixty % of the association’s capital, while the staying four million shares with a face estimation of SR40 million were proclaimed for beginning open giving.