Gatehouse Capital for Economic Consultancy Company held its Extraordinary General Assembly on July 8, 2025, where it approved the Board of Directors’ recommendation to reduce the company's authorization, issued, and paid-up capital from KWD 3,000,000 to KWD 250,000. 

The reduction will be executed by repaying KWD 2,750,000, representing 91.667% of the capital—to shareholders, corresponding to 27,500,000 shares, each with a nominal value of 100 Fils, due to surplus capital not required, for shareholders registered at the end of the record date.

The Assembly also approved the amendment of Article (6) of the Memorandum of incorporation and Article (5) of the Articles of Association to read as follows:

“The company’s authorized, issued, and paid-up capital is set at KWD 250,000 (Two Hundred Fifty Thousand Kuwaiti Dinars), divided into 2,500,000 shares, each with a nominal value of 100 Fils, and all shares are in cash.”