87. The Company for Cooperative Insurance (Tawuniya)

Country: Saudi Arabia
Sector: Insurance
Acting CEO: Othman Yousef Alkassabi
Market Value: $3.5 billion
Sales: $3 billion
Profits: $104 million
Assets: $5 billion

Tawuniya offers more than 60 types of insurance to its customers in Saudi Arabia, including medical, motor, fire, property, engineering, casualty, marine, aviation, Takaful, and liability insurance. The company’s wholly-owned subsidiaries include Teejan Al- Khaleej and Tree Digital Company, while it holds a 50% stake in United Insurance Company and a 45% stake in Waseel Application Service Provider Limited. The General Organization for Social Insurance owns 25.9% of Tawuniya.