Arch Real Estate Investment Company held its Extraordinary General Meeting (EGM) on Tuesday, 10 October 2022, and approved the dissolution and liquidation of the Company. This recommendation was approved by shareholders holding 63.672%, while shareholders owning 42.470% did not vote. The EGM also authorized the appointment of Ayman Ahmed Suleiman Salem as the Company's liquidator for a one-year term effective the date this decision was recorded in the register, for a monthly fee of KWD 1,500. This resolution was opposed by 24.47% of shareholders, while approved by 63.672%.