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Al-Andalus shareholders approve profit distribution delegation
The Andalus Real Estate Company’s General Assembly approved the delegation of the Board of Directors to distribute interim profits on a semi-annual basis for the year 2026. They also approved the appointment of auditors, new seats on the board, and the distribution of bonuses amounting to 3.51 million Riyals to shareholders. Additionally, shareholders granted the Board of Directors broad powers to enhance decision-making flexibility and approved the appointment of new members to the board to complete their current term.
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