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Mashaer to sell stake in real estate firm in Egypt

Mashaer to sell stake in real estate firm in Egypt
Photo Credit: Arabianeye-Reuters
MASHAER
MASHAER
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Kuwait-Mubasher: Mashaer Holding is currently in negotiations for selling its 21.93% stake in a real estate associate in Egypt, the company said in a bourse statement.

The Kuwaiti company noted that the associate in question has a book value of KWD 1.05 million as registered in 30 September, 2015.