On June 29, 2026, Emaar, the Economic City announced the formation of its new Audit Committee following the Board of Directors' resolution. The committee becomes effective June 28, 2026, for a four-year term ending June 25, 2030, coinciding with the current Board term. The Audit Committee comprises four members: Mr. Fahad Saleh Al-Hathloul as Chairman (Independent Board Member), Mr. Pawan Dhanraj Chindalia (Independent Board Member), Mr. Altaf Dossa (Independent External Member), and Mr. Mohammed Aloyaidi (Independent External Member). This formation follows the company's Ordinary General Assembly meeting held on June 22, 2026, which included the election of new Board of Directors members for the term commencing June 26, 2026.

Original announcement:

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.