Alba’s Chairman of the Board, Khalid Al Rumaihi, started the meeting with: “Uncertainty tests resilience and we’re rising to the challenge.”
He further stated: “In a volatile market environment, our focus is clear: maintain consistency, drive operational excellence, and uphold cost discipline as we close out 2025 on a high note.”
During the meeting, the Board reviewed and approved the minutes of the previous meeting held on 05 August 2025, and received comprehensive updates from the Executive and ESG Committee, Board Audit Committee, and Nomination, Remuneration, and Corporate Governance Committee on strategic matters, the Company’s operational, financial and sales performance to-date, the ongoing feasibility study for the New Replacement Line (Class 3), amongst others.
Individual Directors’ Complete Declaration and an update on the Independence of each Alba Board Director were also given during this meeting.
