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Muscat Confirms Al-Namla Resignation
The Middle East Specialized Cables Company "Mesk" announced the acceptance of Muhammad bin Abdulaziz Alnamla's resignation from the Executive Committee membership, while his membership in the Board of Directors and the Investment Committee remains intact. This was following a decision issued by the Board of Directors on October 13, 2026. Additionally, the company completed procedures to renew bank facilities amounting to 150 million SAR with AlRajhi Bank until June 2027, in order to enhance financial liquidity and support operational activities, in compliance with Islamic Sharia principles.
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