Saleh Adel Al-Saleh, Chairman of Al Bareeq Holding Company, stated that the company is working closely with regulators to complete a comprehensive restructuring process. Recent efforts have focused on addressing Capital Markets Authority (CMA) remarks, showcasing the company’s commitment to compliance and shareholder interests.

Al-Bariq posted profits for the second consecutive year, nearly doubling from the previous year. The company undertook several operational and organizational improvements, which contributed to its financial turnaround.

During its Ordinary General Assembly held on June 18, 2025, shareholders approved the re-listing of the company’s shares on Boursa Kuwait, having met all regulatory requirements. A 2% bonus share issuance was also approved.

Additionally, in the Extraordinary General Assembly on June 25, 2025, shareholders unanimously agreed to convert the legal status of Al-Bariq Holding from a public shareholding company to a closed shareholding company.

Al-Saleh added that the company has appointed a licensed listing advisor and top real estate valuers to support its future listing plans, emphasizing commitment to transparency, credibility, and sustainable growth.