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Adeer Real Estate announces nominated candidates for board membership

Adeer Real Estate announces nominated candidates for board membership
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Riyadh — Mubasher: Adeer Real Estate Company issued a supplementary disclosure regarding its upcoming Ordinary General Assembly meeting scheduled for 28 September.

The company stated that the purpose of this announcement is to provide higher-quality versions of the biographies for candidates nominated for board membership. The updated documentation includes detailed profiles for 28 candidates in both Arabic and English.

The list of nominees features a diverse group of professionals, including Hamad bin Hamdan Al Sarie, who previously secured SAR 350 million in capital for Red Sea Cables, and Hani Abdullah Qashlan, who has been involved with the Saudi Vision 2030 Financial Sector Development Program.

This disclosure follows an initial announcement published on 3 September 2026.

Adeer Real Estate confirmed that there are no changes to the content or agenda of the previous announcement and noted that this update carries no financial impact.

In the six-month period that ended on 30 June 2026, the company recorded 3.38% higher net profits at SAR 70.64 million, compared to SAR 68.33 million a year earlier.