Al-Samit: 11.8% Dividends Distributed to 'Al-Qasr'

Justice Minister and Chairman of the Board of Directors of the Public Authority for Care Affairs, Nasser Al-Sumeit, announced the distribution of annual dividends at a rate of 11.8 percent for the year 2025 on the accounts of beneficiaries under the Authority’s care, as part of continued institutional efforts aligned with its strategic directions and objectives to develop services provided to those under its care. This was stated in a KUNA statement during Minister Al-Sumeit’s chairing of a meeting of the Board of Directors of Care Affairs to monitor operations and review key agenda items, attended by Acting Director General Aliya Al-Saqer and board members at the Authority’s headquarters.

Al-Sumeit emphasized the importance of continuing to develop the Authority’s services and enhancing the efficiency of its investment management, thereby contributing to achieving the best returns for beneficiaries, in line with the Authority’s goals and its development strategy for the coming phase. He noted that the Authority’s work reflects the success of its investment policy and its ability to generate distinctive returns within a secure and balanced investment framework that safeguards and promotes the rights of those under its care.

He stressed the necessity of continuing institutional development and improvement efforts, and strengthening principles of transparency and efficiency in performance, expressing confidence in the Authority’s staff capacity to sustain achievements that support its humanitarian and national mission in caring for orphans and beneficiaries under its jurisdiction.

The Board discussed several administrative topics and decisions aimed at enhancing operational efficiency, raising service quality standards, approving the minutes of the previous meeting, and monitoring the implementation of decisions issued therefrom.