Al-Tijaria gets KWD 1.31m profits from property deal

The Commercial Real Estate (Al-Tijaria) has signed a KWD 6 million ($19.8 million) contract for selling two of its properties in Sharq area to an unknown buyer, according to a statement published by the Kuwaiti bourse.

Wednesday’s statement revealed that the deal’s financial impact amounts to KWD 1.31 million, and will be reflected in Al-Tijaria’s financial statements of Q3-15.

Mubasher Contribution Time: 10-Jun-2015 10:56 (GMT)