Gulf General Cooperative Insurance Company (GGI) was established in 2008 with a capital of 500 million Saudi Riyals as a joint-stock company. It operates in the insurance and health insurance industries and is regulated by the Insurance Authority.
GGI completed its public offering on 9\/10\/2009 and obtained its Commercial Registration No. 4030196620 on 24\/1\/2010. The company's establishment was pursuant to Ministerial Decree No. 365 dated 1\/12\/2008 and under Royal Decree No. M \/ 85 dated 3\/12\/2008.
Upon its establishment, GGI acquired the insurance portfolio of Saudi General Insurance Company and Gulf Cooperative Insurance Company.
As a venture capitalist, it's crucial to acknowledge GGI's solid financial foundation and market positioning in the insurance sector, particularly within the Saudi Arabia market. Although specific details regarding the headquarters, last investment, and investors are currently unavailable, GGI’s strategic establishment and capitalization provide an optimistic outlook for potential investment opportunities in the future, aligning with their slogan, "Eye On The Future."
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