Mubasher: Ajial Real Estate Entertainment agreed to an offer to exit from Navi Mumbai and Bab Al Maghreb in exchange for shares in GFH Financial Group, according to a statement by Ajial.

This exchange will lead to approximately KWD 2.16 million in profits, partly as a result of calculating the market value of the new stocks according to Wednesday’s closing prices on Boursa Kuwait, Ajial added in a statement to the bourse.

On another note, GFH Financial Group, which is listed on the Dubai, Bahrain, and Kuwait bourses, is going to finalise two exit deals worth $200 million during the second half of 2017, the CEO of the group announced on Tuesday.