Gulf North Africa Holding Company - KPSC (KWSE:GNAHC) agreed to acquire additional stake in Al Siraj Holdings LLC for KWD 0.5 million on November 18, 2018. The transaction will be funded through a KWD 1.1 million Murabaha facility. The transaction includes the purchase of 5.5 million shares of Al Siraj Holdings. Upon completion, Gulf North Africa Holding Company will now have 40.2% stake in Al Siraj Holdings. Gulf North Africa Holding Company - KPSC (KWSE:GNAHC) completed the acquisition of an additional minority stake in Al Siraj Holdings LLC on November 29, 2018.