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2026-07-28T16:36:54.301Z

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Standard Oil shifts ownership via share transfer

Standard Oil shifts ownership via share transfer

The company United Wire Factories "Wasla" announced the transfer of 2.2 million shares owned by its shareholder, Mohammed bin Rashed Al Rashed, to his son, Rashed bin Mohammed bin Rashed, as a private family matter. It confirmed that this change will not affect the company's operations or its operational strategy.

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