Nizar Al-Qurtas lifts combined stake in Al-Takhsis Holding above 5%

Nizar Abdulrazzaq Al-Qurtas's combined ownership in Al-Takhsis Holding has risen above 5% of the company's capital. The stake is held through Furas Al-Mamlaka General Trading & Contracting, whose holding rose to 5.07% (20,219,339 shares) from 4.99% as of 15 October 2026, and through Al-Raghad & Al-Manar Real Estate, which holds 0.09%. The stated purpose is short-term investment.