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Al-Ummah Approves 2025 Reports and elects Board
The Extraordinary General Assembly of Om Al-Qura for Development and Reconstruction approved its financial results for 2025 and elected a new Board of Directors for the term extending from July 2026 to June 2030. The shareholders approved amendments to the governance policies and internal regulations, as well as the allocation of bonuses amounting to 2.7 million SAR to the board members. Additionally, discussions were held with Bank AlJazira regarding loans totaling approximately 25 million SAR during 2025. Changes were also made to the auditor’s fees, and new members were nominated for the Board of Directors.
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