Kuwait Financial Centre “Markaz”

In its capacity as the issuer, Gulf Takaful Insurance Company K.S.C.C. “GTIC”, and the Kuwait Financial Centre “Markaz”, the lead manager and subscription agent, announced in a joint statement the successful completion of GTIC’s capital increase, raising a total value of KWD 7 million through the issuance of 70,286,789 ordinary shares at a subscription price of 100 Kuwaiti fils per share, representing 70% of the issued and paid-up capital of the company. The subscription period for the rights issue ran from 10 June to 24 June 2025. Mr. Mubarak Othman ...