Articles > Nayifat Finance Co. Unveils Exciting Results from General Assembly Meeting
Nayifat Finance Co. Unveils Exciting Results from General Assembly Meeting
By KlickAnalytics Data Insights | June 4, 2026 02:03AM ET
- The Ordinary General Assembly Meeting took place at Nayifat's headquarters in Riyadh utilizing the innovative Tadawulaty system.
- Shareholders represented 50.29% of the total attendance during the meeting.
Nayifat Finance Co. recently disclosed the outcomes of its Ordinary General Assembly Meeting, offering a glimpse into the company's recent developments and future plans. The meeting, held in Riyadh through advanced technological means using the Tadawulaty system, was attended by a significant portion of the shareholders, demonstrating their active participation and interest in the company's affairs.
During the meeting, the Board of Directors Members, including the Chairman, Vice Chairman, and several other key figures, reviewed and discussed crucial aspects such as the annual report, financial statements, and the appointment of the Company's external auditor. Various approvals were granted, including the payment of remuneration to board members and the amendments to the Corporate Governance Regulations, Audit Committee Charter, and Nomination and Remuneration Committee Regulations.
Additionally, approvals were given for specific transactions between Nayifat Finance Co. and Yaqeen Capital, where Board members have indirect interests, showcasing the company's commitment to transparency and ethical practices. Shareholders were encouraged to reach out to the company's shareholder relations team for any inquiries via email or toll-free number, ensuring open communication and accountability within the organization.
- Shareholders represented 50.29% of the total attendance during the meeting.
Nayifat Finance Co. recently disclosed the outcomes of its Ordinary General Assembly Meeting, offering a glimpse into the company's recent developments and future plans. The meeting, held in Riyadh through advanced technological means using the Tadawulaty system, was attended by a significant portion of the shareholders, demonstrating their active participation and interest in the company's affairs.
During the meeting, the Board of Directors Members, including the Chairman, Vice Chairman, and several other key figures, reviewed and discussed crucial aspects such as the annual report, financial statements, and the appointment of the Company's external auditor. Various approvals were granted, including the payment of remuneration to board members and the amendments to the Corporate Governance Regulations, Audit Committee Charter, and Nomination and Remuneration Committee Regulations.
Additionally, approvals were given for specific transactions between Nayifat Finance Co. and Yaqeen Capital, where Board members have indirect interests, showcasing the company's commitment to transparency and ethical practices. Shareholders were encouraged to reach out to the company's shareholder relations team for any inquiries via email or toll-free number, ensuring open communication and accountability within the organization.
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