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Ker names Financial Sustainability as advisor
Al–Ittihad International Company has announced the appointment of Business Sustainability Financial Company ("Estidama Financial") as the financial advisor for the company's capital reduction process, aimed at restructuring the financial position and improving the capital structure. The appointment was made on July 29, 2026, based on the recommendation of the previous board. The advisor's role includes studying the options and regulatory mechanisms for implementing the reduction, along with issuing appropriate recommendations to ensure the interests of the company and its shareholders. Currently, there is no material financial impact from this appointment, and the results will be disclosed after completing the study and analyzing the financial results for the first half of 2026. The company is committed to the applicable laws and regulations of the Saudi financial market.
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