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Fadico Opens Board Nominations 2026
Al-Masateen Arab Foods and Dairy Company (Fadico) announced the opening of nominations for its Board of Directors for the new three-year term starting on November 5, 2026, and ending on November 4, 2029. The electoral authority aims to select five members using the cumulative voting system, which allows each shareholder to cast votes equal to their number of shares, in order to protect the rights of minority shareholders. The company clarified that nominations require submitting a CV and certificates in accordance with governance standards, along with disclosures related to interests and affiliations that may affect the independence of the member, in addition to completing the financial authority forms. The elections will be held during the upcoming General Assembly meeting, and nominations will be accepted from September 17 to October 17, 2026.
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