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Dar Al-Mo3addat names Basel Al-Areifi as Chair
Dar Al-Muattamad Medical and Scientific Equipment Company announced the formation of its Board of Directors for the new term, which will run from July 2026 to July 2030. Bassem bin Saud Al-Areifi has been appointed as Chairman of the Board, with Bandar bin Saud Al-Areifi serving as Vice Chairman. Additionally, Dr. Faisal bin Hawas Al-Ataawi has been appointed as a Managing Director. The changes include the formation of the Compensation and Nomination Committee and the appointment of Ali Mohammed Ali Saghir as Board Secretary, to ensure compliance with best practices and transparency with regulatory authorities in the Saudi Financial Market. These decisions came into effect at the beginning of the new Board session, aimed at stabilizing administrative and supervisory performance.
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