AI Summary
Masar elects board for 2026–2030 term and expands business scope
Umm Al Qura for Development and Construction Co.’s (Masar) shareholders approved the election of board members for the upcoming four-year term commencing on July 1, 2026.
The approval came during the extraordinary general meeting (EGM) held on June 10, according to a Tadawul statement.
The elected members are Abdullah Kamel, Raed Ahmed, Fahad AlSaud, Abdulaziz Al-Rasheed, Abdullah Al-Balawi, Ahmed Al-Rumaih, Abdulrahman Al-Rashid, Zuhair Hamzah, and Sulaiman ALSabti.
Shareholders also approved an amendment to Article 4 of the company's bylaws, relating to its objectives, to include the following activities:
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Added Activities |
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Sector |
Activity |
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Transportation and Storage |
Urban and Suburban Passenger Land Transport |
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Transportation and Storage |
Other Passenger Land Transport Activities |
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Transportation and Storage |
Warehousing |
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Transportation and Storage |
Service Activities Incidental to Land Transportation
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Transportation and Storage |
Other Transportation Support Activities
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Transportation and Storage |
Activities of Private Postal Delivery Companies |
| Electricity, Gas, Steam, and Air Conditioning Supply |
Steam and Air Conditioning Supply
|
|
Professional, Scientific, and Technical Activities
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Activities of Head Offices
|
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Professional, Scientific, and Technical Activities
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Architectural and Engineering Activities and Related Technical Consultancy |
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Professional, Scientific, and Technical Activities
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Advertising |
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Other Service Activities
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Activities of Membership Professional Organizations |
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Other Service Activities
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Activities of Religious Organizations |
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Other Service Activities
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Other Personal Service Activities Not Elsewhere Classified |
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