Kuwait Foundry to receive 5% of Fulath Arabian Holding in restructuring

Kuwait Foundry Co. said the extraordinary general meeting of Fulath Holding (a closed Bahraini company in which it holds 5%) approved on 20 October 2026 an internal group restructuring that transfers ownership of the group's activities in Saudi Arabia to its shareholders pro rata. On completion, Kuwait Foundry will own 5% of Fulath Arabian Holding while retaining its current 5% stake in Fulath Holding. The financial impact cannot be determined at present and will be disclosed later.