Al-Sināʻāt Al-Waṭaniyya cuts Kuwait Airways stake to 4.21%
National Industries has reduced its stake in Kuwait United Arab Emirates Holding Company to 4.21%, approximately 7.42 million shares, down from about 7.369% or 12.99 million shares before the change. Al-Muntada Group Holding Company is facing losses of 9.99 million Kuwaiti dinars in the first quarter of 2026, while Kuwait United Arab Emirates recorded a profit of 21.94 thousand dinars during the same period. The decline in the company's ownership stake indicates notable changes in its ownership structure, despite the decline in the National Industries Group's profits during this period.
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