On June 10, 2026, the Sharjah Pipeline Company Board of Directors approved the audited financial statements for 2025 during a significant meeting where key decisions were made regarding the company’s financial health and operational strategies. This pivotal gathering highlighted the company’s commitment to governance, sustainability, and continuous growth.
Recently, the Board convened with prominent members including Dr. Walid Al-Sayegh, Chairman of the Board; Sheikh Ahmed Al Thani, Board Member; Lin Tunberg, Board Member and General Manager; and Hatem Al-Mousa, Board Member. The meeting aimed to ratify the audited financial statements for the fiscal year ending 2025 and to approve the distribution of dividends, reflecting the robustness of the company’s financial performance and its dedication to providing sustainable value for its shareholders.
Present at the meeting were key executives, including Syed Asghar Shah, Finance Director; Huda Munir, Finance Manager; Michelle Sabba, Joint Projects and Business Development Manager; and Bony Chako, Operations Manager. Dr. Walid Al-Sayegh emphasized that the approval of the audited financial statements, combined with the agreement on dividend distribution, underscores the solid financial foundations upon which the company is built.
He noted, “The Sharjah Pipeline Company continues to operate under a strategic vision based on efficiency, sustainability, and innovation, focusing on enhancing operational and developmental performance. Our commitment to adopting best practices in management is designed to improve performance efficiency, support infrastructure systems, and deliver sustainable added value to shareholders and partners.” This assertion reinforces the company’s role as a significant contributor to sustainable economic development.
Furthermore, during the meeting, the board reviewed recommendations from the Financial and Administrative Affairs Committee, as well as the Development and Operations Committee. They discussed multiple agenda items aimed at monitoring the company’s financial and operational performance and enhancing business efficiency to support strategic objectives and sustainable growth plans.
The approval of the audited financial statements for 2025 represents a crucial step towards ensuring that the company remains poised for future challenges while maintaining its focus on fostering substantial growth and innovation.