Manama, Kingdom of Bahrain – 29 March 2026: Foulath Holding, an industrial holding company with major steel investments and the parent company of Bahrain Steel and SULB, announces the resumption of its operations following the temporary precautionary suspension and Force Majeure declaration issued on 28 March 2026 in response to recent regional developments.

Following comprehensive internal risk assessments and the implementation of enhanced safety and security measures, in close coordination with the relevant authorities, the Group confirms that operations will restart effective 30 March 2026.

The temporary suspension was a precautionary and responsible measure, undertaken in line with official guidance and to ensure the safety of employees, suppliers, contractors, and critical assets.

Foulath Holding also notes that certain inaccurate information is currently circulating regarding the Group’s operations. The Group confirms that its facilities, employees, and operations remain safe, secure, and fully protected. Stakeholders are advised to rely only on official company communications and authorized sources for accurate information.

Foulath Holding will continue to monitor developments closely and remains committed to taking all necessary measures to safeguard its people, ensure operational continuity, and meet its obligations to customers and partners.