Kuwait –Mubasher: Al Mazaya Holding exited 2,050 of its shares in First Dubai for Real Estate Development on 17 August.

Al Mazaya sold its shares for 50 fils each, totalling KWD 102.5 ($348,060), according to a bourse statement.

Al Mazaya owns a 62.08% stake in First Dubai as at 16 November 2014.