Sawaeed Holding P.J.S.C Corporate Governance Report for the year December 31,2025 | premargin
Sawaeed Holding P.J.S.C Corporate Governance Report for the year December 31,2025
·ADX·Financial Reports | Corporate Governance Report·February 24, 2026·View on exchange
AI Summary
Proposed board of directors' remuneration of AED 1,503,445 for the 2025 financial year and recommended an interim cash dividend of AED 1.28 per share, totaling AED 65.4 million.
Approved the write-off of debt balances owed to subsidiaries amounting to AED 29.8 million and authorized the liquidation of Alpha Hub Domestic Workers Services Center and Sawaeed Facilities Management.
Increased the company's Emiratization rate to 27% in 2025, up from 19.08% in 2024, and relocated to a new corporate headquarters in February 2025.
Authorized a salary increase for the CEO/Managing Director to AED 85,000 effective August 2025 and appointed Ms. Dina Aziz as Board Secretary and Investor Relations Officer.