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Umm Al-Qura shareholders approve 2025 results
Al Qura Company for Development and Construction approved its 2025 financial statements and elected a new Board of Directors for the period from July 2026 to June 2030. The general assembly was attended by 76.25% of the capital, and it approved the distribution of bonuses totaling 2.7 million riyals, amendments to governance policies, as well as the signing of contracts with Bank AlJazira amounting to loan values of 25.19 million riyals during 2025. Additionally, the auditors' fees were adjusted to 2.46 million riyals, and a Board of Directors consisting of 9 members was elected.
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