Gulf General Cooperative Insurance Company announced on June 24, 2026 the results of its Ordinary General Assembly Meeting (Second Meeting) held on June 23, 2026 at 7:30 pm via modern technology, with 15.27% shareholder attendance after the first meeting lacked quorum. The assembly approved key resolutions including the appointment of PKF Al Bassam Chartered Accountants (SAR 925,000 fee) and El Sayed El Ayouty & Co. (SAR 675,000 fee) as auditors for fiscal years 2026-2027, and approved SAR 1,800,000 in board director remuneration for fiscal year 2025. The meeting also approved business contracts with Rolaco Group involving SAR 627,000 in insurance premiums but disapproved contracts with Al-Dabbagh Group involving SAR 7,043,000 in premiums due to board member conflicts of interest.

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