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Muscat General Assembly Approves Profit Distribution 2026
The Middle East Specialized Cables Company (Misk) General Assembly, during its ordinary meeting, approved delegating the Board of Directors to distribute interim profits during 2026. It also approved amendments to the rewards policy and authorized the distribution of bonuses totaling 4.81 million SAR for the year 2025. Additionally, the Assembly granted the Board the authority to distribute profits on a semi-annual or quarterly basis during the 2026 fiscal year, with the authorization remaining valid for one year or until the end of the current Board cycle.
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