Riyadh: The Saudi Red Sea Authority (SRSA) and the Saudi Insurance Authority have signed a cooperation agreement to launch insurance products that cover risks associated with all coastal tourism activities through local insurance companies.
This initiative aims to boost the appeal of coastal tourism, attract participants in navigational and marine tourism, and strengthen local content in alignment with Saudi Vision 2030.
The agreement was signed by SRSA CEO Mohammed Al Nasser and CEO of the Insurance Authority Eng. Naji Al-Faisal Al-Tamimi.
The launch of these insurance products aligns with SRSA’s mission to encourage and promote navigational and marine tourism, ensuring a comprehensive tourism experience and creating a model…
