Watani Financial Brokerage Company held its extraordinary general assembly on March 20, 2025, and approved the proposed merger agreement by absorption between Watani Investment Company and Watani Financial Brokerage Company, with Watani Investments Company being the absorbing company and National Brokerage Company being the absorbed company. 

This includes all attachments, such as investment consultant advice and the share exchange ratio, after obtaining approvals from relevant regulatory authorities.
The Watani Brokerage General Assembly also approved its liquidation and the transfer of its financial obligations (assets and liabilities) along with all its assets, rights, and obligations to Watani Investments Company.

Consequently, the legal personality of Watani Brokerage Company will cease as soon as the merger procedures are completed, and it will be removed and its licenses canceled from the joint stock companies registry at the Ministry of Commerce and Industry, according to the provisions of Law No. (7) concerning the establishment of the Capital Markets Authority and the regulation of securities activities, and its executive regulations, along with the amendments thereof, as well as Law No. (1) of 2016 for the issuance of the Companies Law and its executive regulations and amendments.