The strategic investment underpins long-term growth and supports Kuwait’s vision for a diversified economy.
Kuwait City, Kuwait / Access Newswire / July 15, 2026 / Vikas Holding Company (DHC) announced that it has received approval from the Capital Markets Authority (CMA) to acquire effective control of Masleh Investment Company through a 100% acquisition, marking another important milestone in the company’s long-term investment and expansion strategy.
This approval reflects the Development Holding Company’s continued commitment to investing in established, licensed businesses that contribute to the growth and resilience of Kuwait’s financial sector. This transaction represents a strategic investment aimed at strengthening institutional capabilities, creating long-term value and expanding the Company’s diversified investment portfolio.
More than an acquisition, this milestone demonstrates the Development Holding Company’s disciplined approach to identifying high-potential opportunities that support sustainable growth while contributing to the continued development of Kuwait’s capital markets.
The Capital Markets Authority gave its approval after all regulatory requirements were met and the applicable fees were paid in accordance with Law No. 7 of 2010 regarding the Establishment of the Capital Markets Authority and the Regulation of Securities Activities along with its executive bylaws. As per the requirements of the Authority, notification will be submitted upon completion of the acquisition process.
Commenting on the announcement, Talal Al Ajami, Chief Executive Officer of Development Holding Company, said, “This acquisition reflects our confidence in Kuwait’s investment landscape and our commitment to building strong institutions that create sustainable long-term value. At Development Holding Company, we believe strategic investments should go beyond ownership – they should enhance operational excellence, unlock growth opportunities and strengthen the overall financial ecosystem. Masleh Investment Company “This represents a significant addition to our portfolio, and we look forward to supporting its next phase of growth while preserving the strength of our established market position.”
He added, “Our investment strategy is focused on acquiring and developing businesses with strong fundamentals, experienced teams and significant growth potential. Every investment we make is guided by our commitment to creating sustainable economic value, supporting innovation and contributing to a more competitive private sector.” “As Kuwait continues to advance its new Kuwait 2035 vision to diversify the economy, strengthen the private sector and establish the country as a regional financial and commercial hub, we see our role as an active investment partner that helps turn this vision into reality. Through strategic acquisitions and responsible capital allocation, Development Holding Company is committed to supporting sustainable economic growth, attracting investment and building institutions that that will contribute to Kuwait’s future prosperity.”
