KMEFIC
KMEFIC
-7.73%
83.50
-7.00
KMEFIC
Mubasher: Kuwait and Middle East Financial Investment (KMEFIC) has acquired 75% equity in Egypt’s Global Invest Securities Company.
KMEFIC acquired the Egyptian firm in exchange for approximately EGP 7 million, according to a recent bourse disclosure.
It is worth noting that the Kuwaiti company became fully owned by Al Thekair General Trading & Contracting Company in 2020.
Source:
Mubasher