Shareholders approved a special resolution to reduce the company's share capital by AED 15 million (from AED 235 million to AED 220 million) and return this amount to shareholders in cash.
The assembly resolved not to distribute dividends for the fiscal year ended December 31, 2025.
Board remuneration of AED 200,000 per member for 2025 was approved, plus an additional AED 200,000 fee for the Chairman for administrative duties performed in the absence of a CEO.
The appointment of Mr. Ahmed Al Qassimi to the Board of Directors was endorsed, following the resignation of Dr. Khadija Al Ameri.
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