Commercial Bank holds AGM, approves 30% cash dividend

Doha [Qatar], March 18: Commercial Bank held its Ordinary General Assembly Meeting on March 16, 2026, during which shareholders approved all items on the agenda, including the Board of Directors' recommendation to distribute a cash dividend of QR0.30 per share, representing 30 percent of the nominal share value.
The meeting also saw the election of the board of directors for a three-year term spanning 2026 to 2028. The newly elected board includes Sheikh Abdulla Bin Ali Bin Jabor Al Thani, Omar Hussain Alfardan representing Al Gassar Capital, Sheikh Falah Hamad Jassim Al Thani representing Nest Consultancy, Sheikh Jabor Bin Abdulla Bin Ali Al Thani, Hussain Omar Alfardan representing Alfardan Investment Company, Mohamad Ismail Mandani Al Emadi, Salem Khalaf Al Mannai representing Qatar Insurance Company, Ibrahim Jassim Al Othman Fakhro, along with independent members Saleh Majed Al Khulaifi, Mohammed Yasser Al Mosallam and Mohammed Ahmad Al Mulla. Abdulla Jassim Al Mosallam was appointed as backup for a non-independent seat.
Following the AGM, the board of directors convened and elected Sheikh Abdulla Bin Ali Bin Jabor Al Thani as chairman, while Omar Hussain Alfardan was appointed vice chairman and managing director of the bank.
The meeting underscored Commercial Bank's continued focus on strong corporate governance and delivering sustainable value to its shareholders, as it advances its strategic priorities in Qatar's evolving banking landscape.
Source: Qatar Tribune