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Saudi Arabian insurance sector

Saudi Insurance Sector Profits Grow 10 Times
Saudi Insurance Sector Profits

Saudi Insurance Sector Profits Grow 10 Times

The Saudi Arabian insurance sector experienced a tenfold increase in profits in the first nine months of 2023, reaching an impressive 2,678 billion Riyals. This growth is a testament to the sector’s resilience and adaptability in the face of global economic fluctuations. Historical Context In 2022, the sector’s profits were…