Al-Bareeq Approves Capital Increase to KWD 46.3 million

Published on almowazi.com on 14 September 2025
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The postponed Extraordinary General Assembly of Al-Bareeq Holding Company, held on August 28, 2025, approved an increase in the company’s authorized, issued, and fully paid-up capital from KWD 45,479,200 to KWD 46,388,784, an increase of KWD 909,584, through the issuance of 9,095,840 shares.

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 fully paid-up capital is set at KWD 46,388,784 (forty-six million, three hundred eighty-eight thousand, seven hundred eighty-four Kuwaiti Dinars), equivalent to 463,887,840 shares (only four hundred sixty-three million, eight hundred eighty-seven thousand, eight hundred forty shares), with a nominal value of 100 Fils each. All shares are cash shares."

Assemblies
Capital increase

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