The company communicated key developments, and showcased future strategy and results
Bahri recently hosted its annual Investor Day for its major institutional shareholders.
The event provided Bahri with a platform to showcase its success journey, communicate key organizational developments, and provide updates related to its business units. The shareholders representatives also contributed to the discussion by sharing their expertise and views with the Bahri team.
“Events such as this not only deepen our relationship, but also help exchange ideas to further expand our market reach and enhance our offerings so that we can deliver greater value and higher returns to our customers,” commented Eng. Abdullah Aldubaikhi, CEO, Bahri.
He went on to highlight the company’s key achievements since January 2020, including the establishment of the National Grain Company as a joint venture between Bahri and SALIC, a US$ 410mn agreement with Hyundai Mipo Dockyard to build ten Medium Range chemical tankers, and the delivery of two newbuild dry-bulk carriers, ‘Sara’ and ‘Alanood,’ taking the total tally of Bahri’s wide-ranging vessels to 88.
Eng. Aldubaikhi further outlined Bahri’s commitment to giving back to the community with a cooperation agreement with the Ministry of Human Resources and Social Development to raise awareness of the importance of CSR, boost partnership between the public and private sectors, and further bolster national initiatives aimed at the empowerment of women.
In addition, Fayez Al Asmari, Bahri’s CFO, presented the company’s future strategy, current and proposed business units, and key financial figures.
