Money and business
The Board of Directors of the “Arab Shield” recommends not to distribute profits for the year 2024
Yesterday, the Board of Directors of the Arab Shield Company for Cooperative Insurance recommended not to distribute cash dividends to shareholders for the fiscal year ending 12/31/2024 AD.
The company said in a statement on Saudi Arabia’s circulation: The reason for the recommendation not to distribute, to support and strengthen the financial position of the company and maintain the margin of financial solvency to finance future development plans.
The company said in a statement on Saudi Arabia’s circulation: The reason for the recommendation not to distribute, to support and strengthen the financial position of the company and maintain the margin of financial solvency to finance future development plans.
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