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SAMA is overwhelmed by the license applications

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Magazine Issue: 
2004: Annus Horribilis [3]
Magazine date: 
Jan 2005

According to Saudi Arabian Monetary Agency (SAMA), 66 insurance firms have applied for a license to operate in the kingdom. Experts estimate that the insurance sector’s share in the gross domestic product should rise from 0.7 to 3.7% in 2005.

Tue, 14/05/2013 - 09:13

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