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Al-Fakhariyah Assembly Choses New Board
The Saudi Clay Pipe Production Company announced the election of its Board of Directors for the new term, which will begin on October 18, 2026, and will last until October 17, 2030. Seven members were nominated and elected, including independent and non-executive members, with the aim of enhancing the board's independence. The vote was cast with 62.10% of the attending votes, with no opposing votes recorded, and the abstention rate was 37.89%. The ordinary general assembly was held in Riyadh, in the presence of Prince Faisal bin Abdulaziz bin Faisal Al Saud. The election results are significant in shaping the company's strategies for the next four years.
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