The Company for Cooperative Insurance (Tawuniya) is a Saudi Joint Stock Company established in Riyadh, Saudi Arabia by Royal Decree number M/5 of 17.4.1405H (5.4.1985 G) and was registered on January 18, 1986G (7.5.1406H) under Commercial Registration number 1010061695. Its principal lines of business include motor, marine, fire, medical, engineering, energy, aviation, takaful, and casualty insurance.
The authorized, issued and paid up capital of the Company is SR 1000 million consisting of 100 million shares of SR 10 each. The capital ownership is as follows: The General Organization for Social Insurance 23%, the Public Pension Agency 24%, and 53% held by the public through stock market.
Tawuniya has the resources and means to extend its products to meet retail and corporate needs while simultaneously transacting in various classes of risks, whether simple or complicated. Upon launching any new insurance covers, Tawuniya strives to be attentive to its clients and to react to their demands. It always attempts to gauge the public's response to Tawuniya's media messages in regards to launching or modifying various insurance covers or implementing new products.
Al Jaber Group (AJC) is a privately owned, multi-disciplinary conglomerate, based in Abu Dhabi and with branches in the Kingdom of Saudi Arabia and Qatar. AJC provides its professional services in the construction, heavy lifting and logistics, manufacturing and trading sectors.
With a workforce in excess of 55,000 employees and up-to-date seaside facilities in the industrial hub of Abu Dhabi, AJC is able to meet the constantly changing demands of its target markets with exceptional engineering and information technology.
The strength of AJC is derived through controlled growth, diversification and longstanding management. AJC demonstrates its outstanding capabilities through synergistic divisions and resources, operating to deliver seamless results for clients.
AJC has engineered and constructed over 7,000 km of Roads, more than 7,000 villas and landmark commercial buildings; it is one of the largest construction contractors in the region.
Al Jaber Group is also an industry leader in oil & gas pipelines construction work, oil rigs refurbishment, industrial fabrication, heavy lifting and heavy transportation.
The Group possesses over 300 cranes in its fleet as well as the country’s largest construction equipment/vehicle fleet (more than 10,000 units) managed under one umbrella.
Moreover, AJC has more than 30 years of history of land and sea transportation/logistics in the UAE, its fleet includes 25 ships with worldwide marine transportation capability.