“Arkabita” expanded the membership of its board of directors by appointing two new members

Today, Arkabita Group Holdings Limited, the leading global alternative investment company, announced the appointment of Abdulaziz Mohammed Al -Mana and Abdul Latif Ali Al -Fawzan, two members of the company’s board of directors,

Abdulaziz Al -Manea has a wide and varied experience exceeding 20 years, as he is the CEO of Al -Manea Holding Company, a variety of activities operating in several sectors, including real estate, contracting, retail, technology, and agriculture. He is also a member of the boards of directors of the United Development Company, Dukhan Bank, the first investor, and the first to finance.

Abdul Latif Al -Fawzan also has more than 15 years experience in the fields of business and investment, as he is currently the CEO of Operations at Al -Fawzan Holding Company, and the managing director of the Asnad solution company.

In addition, the Board of Directors of the Saudi Reinsurance Company “Return” and the United Company for Home Water tools is chaired, and it occupies the membership of the boards of directors of Al -Fawzan Holding Company, the United Electronics Company, Tasheel Finance Company and Madad Ltd.

On this occasion, Abdulaziz Hamad Al -Jomaih, Chairman of the Acrabita Group, said, “We are pleased to announce the joining of Abdulaziz Al -Mana and Abdullatif Al -Fawzan, and we are confident that their extensive experience in the region, and their strategic relationships in various sectors, will provide us with valuable visions in our deliberations within the board of directors, which contributes In achieving more value for our investors. “

“The appointment of Abdulaziz Al -Mana and Abdul Latif Al -Fawzan will contribute to expanding our horizons and enhancing our ability, in addition to supporting our efforts in choosing high quality investment opportunities,” said Hisham Abdel -Rahman Al -Raei, CEO of the Arcabeta Group.

Their experience in various basic sectors is compatible with the growth strategy adopted by Arkabita, and we look forward to working with them to achieve our long -term goals. “

It is worth noting that this expansion of the membership of the Board of Directors comes with the appointment of Mr. Hisham Al -Ra’i as CEO of the Arkabita Group and a member of the company’s board of directors as of the beginning of this year.