The Chairman of the Board of Directors of Al-Tijari Financial Brokerage Company, Sheikh Jaber Duaij Al-Sabah, confirmed that the company's financial position is strong and solid, "which is shown through the distribution of cash dividends to shareholders for the year 2020."
Al-Duaij told “Al-Jarida newspaper” that despite the challenges of the pandemic, the quality of the company's services, the close relationships with its clients and by following precautionary measures, it enabled Al-Tijari Financial Brokerage Company to achieve a solid financial performance.  The company's revenues from commissions amounted to an estimated KD 1.25 million.
He added that the company also purchased a head office during the last period at an estimated value of KD 2 million.  These new office will enable it to further develop its services and manage its operations with more flexibility.  This step is yet another confirmation of the strength of the financial position of Al Tijari brokerage.
In his speech to the General Assembly, Al-Duaij explained that the company was able to face the challenges head-on which was imposed at the beginning of last year.  It dealt with these challenges in a prompt and efficient way and continuity plans were activated to maintain the company's operational capacity with a high level of efficiency.
He stated that the shareholders' equity in Al-Tijari Financial Brokerage Company amounted to KD 14.45 million, increasing by 5.1 percent compared to 2019.
The company's general assembly approved the board of directors’ recommendation to distribute cash dividends of 5 percent to shareholders, as well as the company's financial statements for the fiscal year 2020 , the governance reports as well as the  account auditors.