Seef Properties’ Annual General Meeting Approves BD 4.52 Million in Cash Dividends at 10% to Shareholders
TDT | Manama
Email: mail@newsofbahrain.com
Seef Properties held its Annual General Meeting on Sunday March 15, 2026, at 1 p.m. via videoconference to review and approve the agenda items.
The meeting was chaired by Mr. Essa Mohamed Najibi, Chairman of the Board of Directors, and attended by board members, CEO Mr. Ahmed Yusuf, members of the executive management team, as well as representatives from the Ministry of Industry and Commerce, the Central Bank of Bahrain, and Bahrain Bourse. Discussions focused on the company’s financial results, key developments, and achievements during 2025.
The Ordinary General Assembly approved the financial statements for the year ending on 31 December 2025, as well as the Board of Directors’ recommendations, including a cash dividend of 10% of the nominal share value, equivalent to 10 fils per share, totalling BD 4.52 million after deducting treasury shares. Additionally, the Assembly approved allocating BD 170,000 for charitable and community donations as part of the company’s corporate social responsibility.
Seef Properties reported net profits and comprehensive income attributable to shareholders worth BD 5.94 million for the fiscal year ending on 31 December 2025, compared to BD 5.61 million the previous year, representing an increase of approximately 5.96%. Basic and diluted earnings per share reached 13.10 fils, up from 12.23 fils in the previous year, while operating profits amounted to BD 11.52 million.
At the beginning of his remarks, Mr. Essa Mohamed Najibi, Chairman of the Board of Directors of Seef Properties, commended the wise leadership in managing external security challenges and rapid regional developments, as well as the national efforts exerted by the esteemed government to safeguard the nation’s security and protect its achievements. He also praised the regulatory directives and guidelines issued by the relevant authorities, which contributed to enhancing the readiness of the commercial sector and consolidating its stability.
The company emphasised its commitment to sustainability, having launched the largest solar energy project within its operational portfolio last year, besides joining the national “Kafa’a” programme, supporting Bahrain’s goal of achieving net-zero energy by 2060.
operational efficiency Seef Propertied CEO Mr. Ahmed Yusuf stated, “In 2025, we focused on enhancing operational efficiency and improving visitor experience across our assets. This included expanding our tenant base, diversifying and attracting new high-quality brands, and hosting activities and events to boost footfall and commercial activity.”
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