Al-Ahly Club’s Board of Directors Announces Capital Increase and Construction Updates

2023-11-04 16:19:00

Al-Ahly Club’s Board of Directors, headed by Mahmoud Al-Khatib, held a meeting this evening, Saturday, at the Red Castle headquarters on the island, to discuss many important files related to the club’s various sectors.

Al-Ahly announced during the Board of Directors meeting an increase in the capital of the club’s companies by 100%, in addition to following up on the construction file.

Al-Ahly’s decisions in its meeting today were as follows:

– Increasing the capital of the three Al-Ahly companies by 100%, which are: (Al-Ahly Football Company, Al-Ahly Sports Facilities Company, and Al-Ahly Sports Services Company).

This comes out of belief in the role of these companies and meeting their ambitions, especially since Al-Ahly was the first to establish them to support the idea of ​​sports investment.

The Board of Directors of the Red Castle also followed up the construction file at the club’s branch in Sheikh Zayed to find out the latest developments in this file, and to confirm the completion of these constructions on the dates specified to serve members.

The administration also decided to study a group of proposals received from members of the General Assembly, in preparation for presenting them to the next General Assembly.

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