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Bahr Al Arab shareholders oppose board dismissal and 2025 bonuses
Shareholders of Bahr Al Arab Information Systems Company refused to release the Board of Directors from liability for the fiscal year ending December 31, 2025, and voted against approving bonuses for Board members amounting to 756.51 thousand riyals for the same period during the second ordinary general assembly meeting, which was attended by all Board members with a attendance rate of 16.58%. Additionally, shareholders approved appointing RSM Audit Firm with a fee of 630 thousand riyals, and approved the company’s competition policy and standards.
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