Historical Overview:

Bupa Arabia for Cooperative Insurance Company (“Bupa Arabia Company” or the “Company”) (Saudi Shareholding Company) was incorporated in Jeddah, Kingdom of Saudi Arabia under Council of Ministers’ Resolution No. 279, dated Shaaban 28, 1428H, corresponding September 10, 2007 Gand Royal Decree No.: R/74, dated Shaaban 29, 1428H, corresponding September 11, 2007G.

Overview of the Company's Business:

The Company's business includes carrying out the business of cooperative health insurance, medical, health and care activities and all that is related to such works including reinsurance, Agencies, representation or brokerage. Bupa Arabia Company shall carry out all the works necessary for achieving its objectives in the field of cooperative insurance or investment of its money.

Bupa Arabia Company seeks to have the pioneering position within the health insurance services provision sector in the Kingdom of Saudi Arabia. The Company works on verifying that its products are in compliance with the relevant supervisory authorities in relation to the health insurance programs provided thereby. It also gives its clients the opportunity to select from a wide network of health care service providers to achieve the highest levels of service.
With the increasing demand on health insurance covering residents and Saudies working in the private sector in the Kingdom, Bupa Arabia shall work to achieve the highest rates of growth in order to maximize its profitability through developing its operations and increasing its capacity in order to deliver the highest quality of service to attract and retain customers.

Equity Profile:

Authorized Capital            400,000,000
Issued Shares                  40,000,000
Floated Issued Shares      16,000,000
Paid Capital                       400,000,000
Par Value/Share               10
Paid up Value/Share         10