The Board of Directors of Ubar Hotels & Resorts SAOG decided to recommend a cash dividend of 1% on paid-up share capital of the company amounting to One balza per share for the year ended 31st December 2019 subject to the approval in the Annual General Meeting on 24th March 2020.

To fill the vacant seat arised due to resignation of Dr. Rashid Salim Rashid Al Badi, Board appoint Brigadier/Abdulrahim Qasim Al- Farsi, with effect from 17th February 2020 as temporary member of the Board of Directors in the individual Capacity of the Company pursuant to the Commercial Companies Law, and the Articles of Association of the Company, until the Company's next Annual General Meeting scheduled on 24th March 2020. He is D.G. of Drugs of Psychotropic Substances Combat, Royal Oman Police.