Gulf Insurance Group announced Approval of the Board of Directors' recommendation to distribute cash dividend to shareholders for the financial year ending on December 31, 2023, at the rate of SAR 78,750,000, at a rate of 15% of the nominal share value, SAR 1.5 per share provided that the shareholders owning the shares are eligible at the end of the trading day of the General Assembly meeting and those registered in the company's shareholders' register with the Securities Depository Center Company (Edaa Center) at the end of the second trading day following the approval date, the Dividend distribution date will be announced later.