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Admin. Urges Assembly Vote on Related Party Contracts July 12
The Board of Directors of Edarat Communications and Information Technology Company invited its shareholders to participate in the Ordinary General Assembly Meeting scheduled to be held on July 12, 2026, to approve and authenticate contracts with related parties during the fiscal year ending December 2025. These include financial dealings exceeding 77 million riyals with Al Muwaimer Company for Information Systems. The agenda will also include a vote on service contracts for several subsidiary companies, in which the Chairman of the Board, Abdullah bin Ghazi Al-Ghamdi, has an indirect interest. Additionally, there will be a vote on authorizing the Board of Directors to grant powers and manage authorizations in accordance with the Saudi Companies Law.
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