10:25 AM EDT, 07/29/2026 (MT Newswires) -- Quara Finance Co.'s (SASE:9596) board accepted the resignation of Faisal bin Abdulrahman Al-Shaikh as its chief executive officer, effective Wednesday, at his own request. In a same-day release, the consumer financing company said it is completing regulatory processes needed to name a successor, including securing approval from the Saudi Central Bank.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.