04 Jul 2024
Manuals and Classifications » The National Classification for the Economic Activities (ISIC4)

Last update 15 / 09 / 2021

The National Classification for the Economic Activities (ISIC4)

Introduction

The National Classification for the Economic Activities is derived from the International Standard Industrial Classification of All Economic Activities, forth version (ISIC4) and issued by the United Nations Economic and Social Council. Its main purpose is to provide a set of sections, groups, branches and categories of activities that can be used to collect and publish statistics according to the activities. The Classification for Economic Activities can be defined as the way in which counting units can be collected according to a serial order and defined by homogeneous groups with a view to creating a general framework for comparison of statistical data at the local, regional and international levels, where the data of the economic activity can be divided according to the guide prepared for this to specific levels in a manner similar to the characteristics of economic activities classified in one rank. This similarity is in the type and use of goods and services produced, related services, intermediate inputs, technology used and funding methods.
The establishment or the unit of the economic activity type is the basis of this classification, where the units involved in the formation of the different economic sectors are classified in the appropriate place in the classification according to the main economic activity that they operate, regardless of ownership or method of work.
The classification aims at providing a set of statistical data according to the economic aspects of production, workers, wages, physical capital assets, profits, losses and budgets, as well as providing a comprehensive framework for economic activities.
 The classification consists of sections, groups and categories at the level of the fourth limit in addition to branches, economic activity and its description.

Search in ISIC 4

CHAPTER NAME ACTIVITY CODE ACTIVITY NAME
Financial and insurance activities 651202 General Insurance Description :

1. Accident and liability insurance: (Personal Accident Insurance, Work Related Insurance, Employer’s Liability Insurance, Third Party Liability Insurance, General Liability Insurance, Product Liability Insurance, Medical liability Insurance, Professional Liability Insurance, Theft and Burglary Insurance, Fidelity Insurance, Safe Burglary Insurance inside the premises and in transit).
2. Motor Insurance: (Losses and liability related to motor vehicles, excluding transport insurance).
3. Property Insurance: (Fire, theft, explosions, natural phenomena, and civil disturbances).
4. Marine Insurance: (goods in transit and the vehicles of transportation on waterways).
5. Aviation Insurance: (airline hulls and liability against passengers and third parties, and freight transport by air).
6. Energy Insurance: (oil, petrochemical, and other energy installations).
7. Engineering Insurance: (builder’s risks, construction, mechanical, electrical, electronic, and machinery breakdown).

General Insurance excludes the following:
1. Health Insurance.
2. Protection Insurance.
3. Protection and Savings Insurance.

2. Motor Insurance: (Losses and liability related to motor vehicles, excluding transport insurance).
3. Property Insurance: (Fire, theft, explosions, natural phenomena, and civil disturbances).
4. Marine Insurance: (goods in transit and the vehicles of transportation on waterways).
5. Aviation Insurance: (airline hulls and liability against passengers and third parties, and freight transport by air).
6. Energy Insurance: (oil, petrochemical, and other energy installations).
7. Engineering Insurance: (builder’s risks, construction, mechanical, electrical, electronic, and machinery breakdown).

General Insurance excludes the following:
1. Health Insurance.
2. Protection Insurance.
3. Protection and Savings Insurance.


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 65 - Insurance, reinsurance and pension funding 651 - Insurance 6512 - Non-life insurance
Financial and insurance activities 652000 Reinsurance

Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 65 - Insurance, reinsurance and pension funding 652 - Reinsurance 6520 - Reinsurance
Financial and insurance activities 661101 Securities listing and trading Description :

Demonstrate the conditions and mechanisms for securities listing and trading, and the immediate and timely publication of the information regarding transactions executed in securities traded on the Exchange, and the obligations of issuers of securities, shareholders and members to disclose information the Exchange deems necessary.


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 661 - Activities auxiliary to financial service activities, except insurance and pension 6611 - Administration of financial markets
Financial and insurance activities 661102 Securities depositary and settlement Description :

Registering the ownership and ownership rights of securities traded on the Exchange according to entries in the Depositary Center records in order to be protected against third party claims, and to offer securities settlement, clearing, custody activities in accordance with relevant laws and regulations.


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 661 - Activities auxiliary to financial service activities, except insurance and pension 6611 - Administration of financial markets
Financial and insurance activities 661103 Securities clearing Description :

Perform securities clearing operations, and demonstrate the rights and obligations arising from securities trading activities and covering positions resulted from these activities and all deductions and additions to the accounts specified to these purposes. It also may receive and accept collaterals and take necessary procedures and actions including managing the default fund.


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 661 - Activities auxiliary to financial service activities, except insurance and pension 6611 - Administration of financial markets

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