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Kuwaiti firm cuts Arzan stake to 16.41%
The International Kuwait Investment Company has reduced its ownership stake in Arzan Financial Group for Financing and Investment from 17.14% to 16.41%, through a decrease in the number of shares owned from 164.88 million to 157.88 million shares. The company's capital amounts to 96.19 million Kuwaiti dinars. Meanwhile, Arzan recorded profits of 9.39 million Kuwaiti dinars in the first half of 2026, a decline of 44.62% compared to the same period of the previous year.
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