Metal and Recycling Company K.S.C. (Public) (KWSE:MRC) agreed to acquire the remaining 35% stake in Metalex Energy Company from Al Soor Fuel Marketing Company K.S.C.P. (KWSE:SOOR) on November 15, 2017. Metal and Recycling Company's Board approved the deal.

Metal and Recycling Company K.S.C. (Public) (KWSE:MRC) completed the acquisition of remaining 35% stake in Metalex Energy Company from Al Soor Fuel Marketing Company K.S.C.P. (KWSE:SOOR) on November 20, 2017.