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Azeer Trading Company
Riyadh, Kingdom of Saudi Arabia: Azeer Trading Company, a leading provider of medical technology and solutions in the Kingdom of Saudi Arabia, today announces its transformation into a closed joint stock company. This strategic step comes within the framework of the company's endeavor to strengthen its organizational structure and achieve its ambitious expansion goals. Azeer Trading Company has a proven track record of success over more than a decade, providing distinguished medical solutions to a wide range of clients in various sectors, including hospitals, medical clinics and research centers. Azeer’s transformation into a closed joint stock company represents an important step towards enhancing its ability to attract investments and expand the scope of its business, in line with the Kingdom of Saudi Arabia’s Vision 2030. This transformation is one of the strategic plans drawn up by the founder, Chairman of the Board of Directors and Managing Director of Azeer Trading Company, Eng. Hussein Asiri, who commented on this transformation into a closed joint stock company (representing an important milestone in Azeer’s journey. We are confident that this step will enable us to achieve Further growth and development, and strengthening our commitment to providing the best medical solutions to our customers in the Kingdom of Saudi Arabia and abroad Some of the key benefits of Azeer becoming a closed joint stock company include: Improved corporate governance: The company will be subject to more stringent corporate governance standards, which will enhance transparency and accountability. Enhancing the ability to attract investments: The company will be able to attract new investments from individuals and institutions, which will enable it to finance its expansion plans. Increased flexibility: The company will have greater flexibility in making decisions and implementing its strategies. Improved employee opportunities: Employees will benefit from better opportunities for professional growth and development With its transformation into a closed joint stock company, Azeer Trading enters a new phase of growth and development. The company is committed to continuing to provide the best medical solutions to its customers, and enhancing its contribution to the healthcare sector in the Kingdom of Saudi Arabia.