Al-Nafisi transfers 30M Mazaya shares

The Chairman of Mazaaya Holding Company, Rashed Al-Nufeisi, announced the transfer of ownership of 30 million shares of the company's stock on August 11, 2026. After the transaction, his total shares will reach 54.78 million, representing approximately 10.42% of the company's capital, which amounts to 52.56 million Kuwaiti Dinars. The company's profits for the first half of 2026 declined to 988.23 thousand Dinars, compared to 1.06 million Dinars in the same period of the previous year, reflecting financial challenges faced by the company.

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