Kuwait – Mubasher: Osoul Investment has entered a consortium of investors to purchase a warehouse in Phoenix, Arizona, USA.

Osoul has participated with $3 million (KWD 910,000) in this investment, according to a bourse statement issued on Tuesday.

This investment is expected to generate an annual return ranging between 8% and 9% of the overall value.

At the stock level, Osoul closed Tuesday’s session at 59 fils.