Yaqub decreases Kuwait stake to 10.7%
Yaqoub Youssef Al-Jou'an reduced his stake in Al-Kout for Industrial Projects to 10.7%, approximately 10.79 million shares, after transferring 9 million shares to his children. This is down from his previous ownership of 19.62%. The company's capital is 10.09 million Kuwaiti dinars, while it achieved a net profit of 1.76 million dinars in the first half of 2026, representing a decline of 47.9% compared to the previous year.
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