Riyadh – Mubasher: Rawasi Albina Investment Company commenced nominations for membership of the Board of Directors for its upcoming three-year term, according to a bourse filing.

The new board session is scheduled to begin on 13 September 2026 and will conclude on 12 September 2029.

The company confirmed that the board will consist of five members.

Meanwhile, interested candidates who meet the regulatory requirements and professional standards were allowed to submit their applications starting from 1 July 2026.

The nomination period will remain open until 1 August 2026.

According to the disclosure, candidates must comply with Saudi Arabian Ministry of Commerce and Capital Market Authority (CMA) regulations.

Requirements include that a nominee must not hold more than five directorships in listed companies simultaneously and must be at least 25 years of age.

Independent members must not have served more than nine years on the board.

It is worth noting that Rawasi Albina lately penned an agreement with the owner of Riyadh-based Al Amlaq Al Hadidiyah Trading Establishment.