Mubasher: Aamal Company on Tuesday announced that its board of directors appointed Sheikh Mohamed Bin Faisal Al Thani as its new CEO as of 26 February.
The newly-appointed CEO will continue to serve in his current position as the managing director of Aamal, the Qatari firm said in a statement to the Qatar Stock Exchange (QSE).
For the full-year 2018, Aamal’s profits declined 17.4% to QAR 347.6 million, against QAR 421 million in the prior year.
The Qatari firm’s ordinary general meeting (OGM) will discuss the board of directors’ proposal to distribute 6% cash dividends, or QAR 0.6 per share, with a total value of QAR 378 million on 15 April.
