Posted on December 25, 2023
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Approval for Listing «Arabic Digital Holding Company» Shares on the Stock Exchange.

Source: aljarida.com


Based on the ordinary general assembly of Arabic Digital Financial Services Company (K.S.C. - Closed) held on the 20th of this month, with an attendance rate of 84.88% of the total company's capital shares, the decision was made to approve and ratify the company's listing on the Kuwait Stock Exchange.

Vice Chairman and CEO Fahad Al-Dosari stated that the decision to list was driven by the company's desire to expand and grow its business and projects to achieve good returns in the coming financial years. The company is diligently working to diversify its sources of revenue in the real estate sector, fintech, and delivery services.

Al-Dosari added that the board of directors is striving to make "Arabic" one of the leading companies in Kuwait. The board and executive management continuously seek innovation and excellence to develop the company's business and diversify its income sources to enhance its operational capacity and achieve good returns for shareholders.

He further explained that the board's strategy consistently aims to develop the company's activities and operations by selecting and recruiting highly qualified and outstanding employees to achieve exceptional returns and strong profits. The board is working to leverage all available resources and efforts to achieve these goals.

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