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Al-Khaleejiya Al-Aamah Sets Assembly Date
The Gulf General Cooperative Insurance Company announced its invitation to its shareholders to participate in the Ordinary General Assembly Meeting scheduled for August 17, 2026, in Jeddah. The meeting will discuss important agenda items related to business and joint contracts with related parties, including dealings with Al-Dabbagh Group, which has one of its board members serving as its owner. The company confirmed that these dealings concern insurance premiums for a one-year period and have been carried out in accordance with approved policies, without any preferential conditions. It also affirmed the validity of the meeting, which requires the attendance of at least a quarter of the share capital. Shareholders participated via electronic voting from August 13 to August 17, 2026. The report outlined details of transactions and expenditures with related parties during 2025, including premiums amounting to 627,000 riyals from Rulaco Group and 91,000 riyals from Raghaf Foundation, in addition to board of directors' remunerations and employee benefits.
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