Al Arabia delegates board to distribute interim dividends for 2025

Logo of Arabian Contracting Services Co. (Al Arabia)

Arabian Contracting Services Co.’s (Al Arabia) shareholders approved authorizing the board of directors to distribute interim cash dividends for 2025 on a semi-annual or quarterly basis, the company said in a statement to Tadawul.

 

Meanwhile, they approved on the related-party transactions and contracts in 2024, in which Chairman Abdelellah Alkhereiji, board member Samuel Barnett and CEO Mohamed Alkhereiji have an indirect interest, amounting to SAR 289.4 million.

 

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Shareholders also approved all other items on the meeting’s agenda.

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