Real Estate Trade Centers - Marakez stated that one of its subsidiaries has concluded an agreement to purchase a land plot at Saudi Arabia worth of KWD3.16 million ($10.87 million).

Meanwhile, Marakez posted KWD6.31 million ($21.7 million) net earnings for the first nine months of 2014, rising nearly 8.6% over KWD 5.81 million ($19.98 million) in the same period of last year.

Marakez operates within the diversified financial sector focusing on multi-sector holdings. It has 11 subsidiaries operating across Middle East, Northern Africa, North America, the Carribian and Southern and Central Asia.