Approval of listing “Arabic Digital” shares on the stock exchange

Based on the Ordinary General Assembly of the Arabic Digital Financial Services Company (K.S.C.C.) held on the 20th of the current month, with an attendance rate of 84.88% of the company’s total share capital, a decision was made to approve and ratify the listing of the company on the Kuwait Stock Exchange. The Vice Chairman and CEO, Fahad Al-Dosari, stated that the decision to list aligns with the company’s desire to expand and grow its business and projects, which is expected to yield good returns in the coming financial years. The company is striving to diversify its revenue sources, particularly in the real estate, fintech, and delivery sectors. He mentioned that the Board of Directors is working hard to position "Arabic" as one of the leading companies in Kuwait. The Board and the executive management of the company are continuously exploring new opportunities, working diligently, and consistently monitoring developments to advance the company’s business and diversify its income sources, thereby enhancing its operational capabilities and generating good returns for shareholders. He added that the strategy adopted by the Board of Directors constantly seeks to develop the company’s business and activities by selecting and hiring distinguished talents among employees to achieve outstanding returns and solid profits. He clarified that the Board is leveraging all available efforts and resources within the company to achieve this goal.