8210 on Saudi Stock Exchange

Bupa Arabia

Logo: Bupa Arabia, Public domain, via Wikimedia Commons3

Saudi health insurance company

Bupa Arabia (بوبا pronounced /buːpə/) is a Saudi-owned and operated publicly traded company with 800 million Saudi riyals in paid-in capital. Bupa Arabia provides health insurance to the requirements of the Council of Cooperative Health Insurance and the Saudi Arabian Monetary Authority (SAMA).2 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1997Founded1

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  • Ticker8210 on Saudi Stock Exchange1
  • Industryhealth insurance1
  • HeadquartersJeddah1
  • Websitebupa.com.sa/en

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Bupa Arabia (بوبا pronounced /buːpə/) is a Saudi-owned and operated publicly traded company with 800 million Saudi riyals in paid-in capital. Bupa Arabia provides health insurance to the requirements of the Council of Cooperative Health Insurance and the Saudi Arabian Monetary Authority (SAMA).2

How it started

Background

Under insurance regulations, Bupa Arabia evolved its business from a joint venture to a publicly listed company offering cooperative health insurance.

In March 2008, Bupa Arabia went public and listed 40% of its shares for trading on Tadawul. According to Arab News, the IPO was over-subscribed by 921%. The remaining 60% of the shares were divided between BUPA Investments Overseas Co. and Nazer Group.

In 2012, BUPA Investments Overseas Co. acquired Nazer Group's stake in Bupa Arabia.

In 2014, BUPA Investments Overseas Co. acquired a significant stake in The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (Medgulf) Mediterranean & Gulf Insurance Co. resulting in 55% of the total shares.

From Wikipedia’s article on Bupa Arabia, shared under CC BY-SA 4.0.2

Timeline

  1. May 17, 2008Went public Listed on Saudi Stock Exchange1
  2. 1997Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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