On August 17, 2026, Dar Albalad for Business Solutions Co. announced that its Board of Directors, in a resolution dated August 16, 2026, approved the appointment of Eng. Bassam bin Ibrahim bin Salamah as an Executive Director to fill a vacant board seat, effective from the date of the resolution through the end of the current board term, pending endorsement at the next General Assembly meeting. The Board also appointed Eng. Bassam bin Ibrahim bin Salamah as Managing Director, succeeding Eng. Abdulaziz bin Ibrahim bin Salamah, who will remain on the Board as a Non-Executive Director at his own request. This appointment was made to fulfill the statutory requirement of six board seats, as stipulated in the amended Articles of Association approved at the Extraordinary General Assembly held on July 26, 2026. Eng. Bassam brings over 25 years of experience in senior management, investment, strategic planning, and business development, and has served as CEO and Managing Director of the Group since 2001.

Original announcement:

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