Arabia Insurance Elects Seven Directors for Four-Year Term
AICC 8160.SA | 0.00 |
On May 21, 2026, Arabia Insurance Cooperative Co. announced the results of its Ordinary General Assembly Meeting held on May 20, 2026, at 19:30 via modern technology means from AICC Head Office in Riyadh, with 63.36% shareholder attendance. The meeting approved the company's financial statements and external auditor report for fiscal year ending December 31, 2025, and appointed auditors for 2026-2027 with fees of SR 544,500 for El Sayed El Ayouti & Co. and SR 592,500 for PKF Al Bassam Chartered Accountants. Seven Board of Directors members were elected for a four-year term from May 20, 2026 to May 19, 2030, including Mr. Wahbe Abdullah Tamari, Dr. Abdulrahman Mohammed Al Angari, Mrs. Nadine Hassan El Habbal, and four others. The assembly also approved releasing current board members from liability for fiscal year 2025 and delegated authorization powers to the newly elected board for one year.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95591&anCat=1&cs=8160&locale=arImportant 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.
