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Injazzat sells stake in Qatar land property

Injazzat sells stake in Qatar land property
Photo Credit: Arabianeye-Reuters
Injazzat
INJAZZAT
1.03% 98.00 1.00

Kuwait-Mubasher: Injazzat Real Estate Development Company has sold its 50% stake in a land property in the Marina area, Qatar for KWD 9.5 million ($32 million).

Injazzat noted that the profit of such sale is worth KWD 2.1 million, and that it will reflect on the financial results of Q1-2015.