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Al-Kathiri partners with Saf Financial on capital plan
Al Kathiri Holding Company announced the signing of a framework agreement with Safa Financial to provide comprehensive consulting services for reviewing the strategy and enhancing capital allocation efficiency. The agreement focuses on evaluating the group's operational and investment pathways and developing a roadmap for better financial resource allocation to achieve long-term objectives. The contract is valid for 24 months and does not obligate the company to make immediate payments, as fees will be determined later in a separate annex. The company's financial statements are not currently affected by this arrangement. The company's Board of Directors approved the contract to ensure alignment of the strategy with shareholders' aspirations, with a confirmation that executive decisions will be made by the board.
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