Gulf Investment House to Receive Boubyan Bank Shares from The Investment Dar Co's Liquidation

08:39 AM EDT, 09/14/2026 (MT Newswires) -- Gulf Investment House (ADX:GIH) confirmed that it is among the companies entitled to benefit from in-kind distributions resulting from The Investment Dar Co's liquidation process. The financial services company said Monday it is due to receive a total of 3,006,517 shares in Boubyan Bank, as part of the first phase of the distributions to category A creditors. The transfers will be carried out in line with the timetable approved by The Investment Dar Co's Bankruptcy Trustees Committee and the relevant authorities. The development is expected to deliver a positive financial impact of 1.1 million Kuwaiti dinars on the company's results, which is set to be reflected in its financial statements for the subsequent periods of 2026, subject to relevant procedures and requirements.