Al Thiqa Foodstuff Company held its extraordinary general assembly on March 23, 2025, and approved the addition of a new activity to the company’s operations according to Article (6) of the Articles of incorporation and Article (5) of its articles of association.
The purposes for which the company was established are now as follows:
- Buying and selling shares and bonds for the company's account.
- retail sales of food products and food supplies.
- management of food equipment.
- packaging and wrapping food products.
- management of restaurants, fast food, and providing hot and cold ready meals.
- production of ready-made meals and dishes.
- wholesale sale of food and beverages.
- providing healthy meals.
- offering beverages (coffee shop) along with cold and hot drinks.
- Additionally, the company will own properties and movable assets for the benefit of the company, as well as warehouses for goods, refrigerated and frozen storage (cooling warehouses).
- Other purposes also include managing fast-food outlets, cafeterias, cafes, pizza restaurants, ice cream parlors, and refreshments.
- The company will also invest surplus funds in financial portfolios managed by specialized companies and entities and buy and sell land and real estate strictly for the company’s account."
Assemblies
Modification of the company's purposes