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2026-08-17T07:31:26.381Z

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Saudi Fund Profits Rise 152 Percent

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FTSE 100 nears end of losing streak

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Energy and banking stocks draw liquidity in Saudi market

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22 Hrs2026-08-17T14:57:45.940Z
Energy and banking stocks draw liquidity in Saudi market
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Al-Ittihad updates Nomination Committee and adds Audit member

Al-Ittihad updates Nomination Committee and adds Audit member

Union Assurance Cooperative Insurance Company announced the reformation of its Nomination and Remuneration Committee after approval from the Saudi Authority for Insurance. This step aims to strengthen the company's governance and activate the role of oversight committees. Abdulrahman Mansour Al-Zamil has been appointed as chairman of the committee, along with new members, for a term ending in February 2029. Additionally, the decision included the appointment of Hashem Osama Al-Nabulsi to the Audit Committee, a seasoned expert with over 20 years of experience in investment and finance. These measures are part of the company's commitment to regulatory compliance and improving its management.

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