The next ordinary General Assembly of Al-Retaj Investment Holding Company, scheduled to be held on 7/8/2024, will discuss:  

 the election of the Board of Directors by secret ballot for the next three-year term. 

the reports of the Board of Directors and the company's auditor. 

the reports of the Fatwa and Sharia Supervisory Board, violations and penalties issued by financial and non-financial regulatory authorities ending on December 31, 2023. 

discuss and approve the consolidated financial statements and the profit and loss account for the company for the fiscal year ending on 31/12/2023.  

the Board of Directors' recommendation not to distribute profits to the company's shareholders for the year 2023. 

 discuss the recommendation to deduct an amount 44,568 KWD, equivalent to 10% of the net profits achieved in the year ending December 31, 2023, to the statutory reserve account, and discussing the recommendation to deduct an amount of 44,568 KWD, equivalent to 10% of the net profits achieved in the year ending December 31, 2023, to the voluntary reserve account. 

The next "Al-Ritaj" General Assembly will also discuss authorizing the Board of Directors to conclude all necessary agreements with local and foreign banks and financial institutions to finance the company's operations and deal with local and foreign banks and financial institutions in accordance with the company's purposes. 

Also, the assembly will discuss of the authorization of the Board of Directors to sell, buy and mortgage the company’s real estate and give guarantees, conclude financing contracts and open bank accounts inside and outside Kuwait, all as required by the interest of the company.