JLT to establish joint Arab venture

Arab Commercial Enterprises and JLT have announced an agreement to establish a joint-venture company in Saudi Arabia.

The agreement has been set up to support an exclusive trading agreement and to underline their commitment to align their interests throughout the Arab world.

JLT’s international chairman, Mark Drummond-Brady said: “JLT could not have wished for a better partner for developing our distribution into Saudi Arabia and to work with to expand and consolidate our JLT Network throughout this dynamic region.

“Where we have other important relationships, we see our new partnership as adding strength to those relationships and enhancing our ability to provide solutions for our regional and global clients.”