Doha Insurance Group Announces Qatar Central Bank's Approval for the Establishment of a New Branch in the Kingdom of Saudi Arabia

Doha Insurance Group is pleased to announce that it has obtained the approval of the Qatar Central Bank to establish a branch of the Group at the King Abdullah Financial District in Riyadh, Kingdom of Saudi Arabia, to conduct reinsurance business. This approval comes as part of the Group’s strategic objective to expand its regional and international presence. The Group will proceed to complete all required legal and regulatory procedures with the relevant authorities in the Kingdom of Saudi Arabia, with a view to commencing branch operations at the earliest opportunity, God willing.