ACE Arabia Cooperative Insurance Company (NYSE:ACE) has announced that it has been granted a license by the Saudi Arabian Monetary Agency (SAMA) to conduct insurance business in the Kingdom of Saudi Arabia. Syed Umer Ali Shah, Managing Director of ACE Arabia said: "We are delighted to have been granted this license which marks the final stage in the establishment of ACE Arabia as a locally-domiciled company in Saudi Arabia. ACE ...