Riyadh – Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) has appointed Rakan Abunyan as the company's Chairman.
MedGulf also named Youssef Al Yousefi as Vice Chairman, according to a bourse filing on Thursday.
It is noteworthy to mention that in the first quarter (Q1) of 2022, the company suffered net losses before Zakat worth SAR 55.39 million, against net profits of SAR 9.05 million in Q1-21.