Global Stock News

Development Holding Company Strengthens Its Strategic Investment Portfolio Following CMA Approval to Acquire Massaleh Investment Company

Development Holding Company Strengthens Its Strategic Investment Portfolio Following CMA Approval to Acquire Massaleh Investment Company

Strategic investment reinforces long-term growth and supports Kuwait’s vision for a diversified economy.

KUWAIT CITY, KUWAIT / ACCESS Newswire / July 15, 2026 / Development Holding Company (DHC) announced that it has received approval from the Capital Markets Authority (CMA) to acquire effective control of Massaleh Investment Company through a 100% acquisition, marking another important milestone in the Company’s long-term investment and expansion strategy.

Talal Al Ajmi, CEO of Development Holding Company. / Source: Development Holding Company (EZ Newswire)
Talal Al Ajmi, CEO of Development Holding Company. / Source: Development Holding Company (EZ Newswire)

The approval reflects Development Holding Company’s continued commitment to investing in established, licensed businesses that contribute to the…

Source link

Share this article

Scroll to Top