XML 53 R32.htm IDEA: XBRL DOCUMENT v3.26.1

Related party transactions and balances

12 Months Ended

Dec. 31, 2025

Related party transactions and balances

Related party transactions and balances

27 Related party transactions and balances

Parties are considered to be related if one party has the ability to control the other party or exercise significant influence over the other party in making financial and operating decisions. Related parties include associates, parent, subsidiaries, and key management personnel or their close family members. The terms and conditions of these transactions have been mutually agreed between the Group and the related parties. To determine significance, the Group considers various qualitative and quantitative factors including whether transactions with related parties are conducted in the ordinary course of business.

Interest in subsidiaries

The details of interests in the subsidiaries with whom the Group had entered into transactions or had agreements or arrangements in place during the year are disclosed in Note 1 of the consolidated financial statements.

27 Related party transactions and balances (continued)

Compensation of key management personnel

Key management personnel of the Group comprise the directors and senior management of the Group.

​

​	​	​	​	​	​	​
​	​ ​ ​	As of 31 December
​	​ ​ ​	2025	​ ​ ​	2024	​ ​ ​	2023
​	​	USD	​	USD	​	USD
Short-term employee benefits	​	453,370		384,221		365,710
Provision for end of service benefits	​	19,672		—		—
Share-based payments	​	5,463		2,013,773		93,667
​	​	478,505		2,397,994	​	459,377
No. of key management	​	3		3		3

​

Transactions with related parties

Details of transactions with related parties during the year, other than those which have been disclosed elsewhere in these consolidated financial statements, are as follows:

​	​	​	​	​
​	​ ​ ​	As of 31 December
​	​ ​ ​	2025	​ ​ ​	2024
​	​	USD	​	USD
​	​	​	​	​
​	​	​	​	​
Repayments made to board members	​	—	​	131,523
Group financing through private placement	​	—		450,000

​

Balances with related parties

The following balances are outstanding at the end of the year in relation to the above transactions with related parties:

​	​	​	​	​
​	​	As of 31 December
​	​ ​ ​	2025	​ ​ ​	2024
​	​	USD	​	USD
Due to related parties		—		—

​

X

- Definition

The entire disclosure for related parties.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 24
-IssueDate 2025-01-01
-Section Disclosures
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=24&code=ifrs-tx-2025-en-r&doctype=Standard&dita_xref=IAS24_g13-24_TI
-URIDate 2025-03-27

+ Details

Name:	ifrs-full_DisclosureOfRelatedPartyExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-2022:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration