Meeza QSTP held its ordinary general assembly meeting on Tuesday and approved the Board of Directors' proposal to distribute a cash dividend of 8% of the nominal share value, which translates into QR0.08 per share.
The meeting was chaired by Meeza chairman Sheikh Hamad bin Abdulla bin Jassim al-Thani.
The meeting also covered the Board's report detailing the company’s activities and its financial position for the financial year ended 31 December 2024.
The shareholders reviewed and endorsed the external auditor’s report on the company’s accounts for the financial year ended on December 31, 2024 and the external auditor’s reports on the company’s corporate governance and internal controls over financial reporting.
The shareholders approved the consolidated financial statements of the company for the financial year ended on December 31, 2024 and the corporate governance report of the company for 2024.
Addressing the shareholders, Sheikh Hamad said, “Meeza has continued to demonstrate resilience and excellence in delivering world-class IT solutions, reinforcing our position as the preferred partner for digital transformation in Qatar and beyond.
“Winning the ‘Best ICT Service Provider award’ at the Qatar Digital Business Awards for two consecutive years (2023 and 2024), in addition to the Best Cloud Solution Award of the year 2022, is a testament to our unwavering commitment to innovation and service excellence. Our performance this year reflects the trust and confidence of our valued shareholders and stakeholders.”
He continued: “As we embark on the next phase of our journey, we remain dedicated to expanding our data centre capabilities, investing in cutting-edge technology, and driving sustainable growth. We look forward to another year of success, collaboration, and impact as we contribute to Qatar’s vision for a digitally empowered future.”
In line with the company’s Article of Association, Mohammad Ali Alghaithani, chief executive officer, has been elected as a board member representing the employees.
