MEFIC Capital News | Element List | Explanation |
| Introduction | Middle East Financial Investment Company (MEFIC Capital) announces a change in the membership of the Board of Directors of MEFIC REIT Fund following the resignation of H.E. Mr. Bader Ibrahim Ibrahim Al-Suwailm from the Board of Directors of MEFIC REIT Fund. The resignation is due to his appointment to a governmental position, pursuant to a Royal Decree appointing him as Deputy Minister of Human Resources and Social Development for Social Development at the Excellent Rank.
The Board of Directors also extends its sincere appreciation and gratitude to H.E. Mr. Bader Ibrahim Ibrahim Al-Suwailm for his valuable efforts and effective contributions during his tenure as a member of the Board of Directors of MEFIC REIT Fund, wishing him continued success and prosperity in his future career. |
| Reason of Change | Resignation |
| Member Name | Bader Ibrahim Ibrahim Al-Suwailm |
| Membership Classification | Independent |
| Effective Date | 2026-02-14 Corresponding to 1447-08-26 |
| Members of the Fund Board after the Change | Mr. Yosef Ibrahim Al shaer – Chairman – Non independent.Mr. Nezar Hassan Al sayed – independen. |
