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2026-07-28T07:08:45.622Z

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Dar Al-Mo'atadat shareholders approve new board

Dar Al-Mo'atadat shareholders approve new board

Shareholders of Dar Medical and Scientific Equipment Company have approved the election of a new Board of Directors for a four-year term starting from July 31, 2026, and ending on July 30, 2030. They also approved regulatory amendments to enhance profit distribution and authorized the Board with additional powers for one year. The Board includes experienced members as well as independent members, and the amendments focus on improving governance and transparency to enable the company to boost returns and provide greater operational flexibility. Additionally, the company's system was amended to achieve a better balance and more effective management of business affairs.

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