Ithmaar eyes return to sustainable profitability

Dubai: Ithmaar Holding hosted its Annual General Meeting (AGM) where its consolidated financial statements for 2017 were approved.

The meeting was chaired by Ithmaar chairman, Prince Amr Al Faisal, and attended by board members, its executive management team and its Sharia Supervisory Board, as well as representatives from the Central Bank of Bahrain (CBB), the Ministry of Industry, Commerce and Tourism, the Bahrain Bourse, and statutory auditors PricewaterhouseCoopers.

Speaking to shareholders, Prince Amr said Ithmaar Holding’s 2017 achievements are paving the way for the group’s continued transformation, and set the stage for a return to sustainable profitability.