Shareholders of Mezzan Holding have approved the Board of Directors’ recommendation to distribute cash dividends of 20% of the nominal value of the share (20 fils per share) for the fiscal year ended on December 31, 2023.
Mezzan Holding KSC, a leading manufacturer and distributor of food, beverage, FMCG and pharmaceutical products in the Gulf, has appointed Amr Farghal as Group Chief Executive Officer for Food and FMCG, effective March 17, 2024.
Mezzan Holding, a leading manufacturer and distributor of food, beverage, FMCG, and pharmaceutical products, has seen its FY2023 make a major turnaround from a net loss of KD2 million in FY2022 to KD11.5 million in FY2023.