United Cooperative Assurance Company

More about the company
Address: Makkah Al Mounawara Street PO Box 5019 , Jeddah, SAUDI ARABIA

UCA

Joint stock

2007

Public

966 2 6532881

966 2 6511936

uca@uca.com.sa

www.uca.com.sa

Officers »
Board of Directors Position
Hassan Mohammad Shawkat Mahasni
Chairman
Mohammed Bin Khalid Abdullah Al Faisal
Board Member
Wael Ghaith Rashad Faroun
Board Member
Salman Salim Mohammad Binladin
Board Member
Wadih Bin Ahmad Kably
Board Member
   
Management Position
Machal Afif Deeb Karam
Chief Executive Officer
Mohammed Eid Mohammed Hani Sawah
Finance Manager
View all
Major Shareholders
Name Country
Civil Works Company
Saudi Arabia
UCA Insurance Company
Bahrain
Saudi Binladin Group
Saudi Arabia
Al Faisaliah Group
Saudi Arabia
Most Popular
This Week's Magazine »

Cover Story 5

The fragile finances of Formula One
By this time next year, five of the current 11 Formula One teams will probably be out of business. It’s now not a question of if it will happen but merely when it will happen. Marussia and Caterham have already gone and the Sauber, Lotus and Force India teams seem ready to join them. So in 12 months time there could be just six teams left on the grid, all forced to run three-car teams to maintain the semblance of a show. That is the harsh truth that spells out the finances of Formula One today.

Also in this issue

Subscribe Now