Arabia Insurance Cooperative Forms New Three-Member Audit Committee

AICC

AICC

8160.SA

0.00

On July 19, 2026, Arabia Insurance Cooperative Company announced that its Board of Directors passed a resolution by circulation on July 16, 2026, following receipt of no-objection from the Insurance Authority, to form the Audit Committee for the current board term that commenced on May 20, 2026, and runs through May 19, 2030. The newly formed committee comprises Mr. Abdullah Saeed Binsaeed (Independent Board Member) as Chairman, Mr. Saleh Abdullah Alguraisha (Non-Board Member) as Member, and Mr. Saeed Abubaker Alamoudi (Non-Board Member) as Member, with all appointments effective July 16, 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96848&anCat=1&cs=8160&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.