The insurance company Solidarity Bahrein announced the purchase of 25% of the shares of the company "Al Ain Insurance & Reinsurance", which is listed on the Dubai Stock Exchange. This strategic move allows Solidarity to strengthen its position in the insurance sector in the Middle East. The company is exploring possibilities for further increasing its stake in "Al Ain Insurance & Reinsurance" in the future.
"For Solidarity, this is a significant development, allowing us to strengthen our strategic position in the insurance market, especially in the region of the Middle East. We are pleased about the opportunity to invest in "Al Ain Insurance & Reinsurance" and consider it a strategically important step for our company," said the representative of Solidarity.
"Al Ain Insurance & Reinsurance" is leading successful operations in the insurance market, and investment in this company will give Solidarity additional resources to expand its influence and development in the region. The company, specializing in life and property insurance, is among the leaders of the industry, and its acquisition will be an important step for Solidarity in achieving strategic goals.
