Tijara and Real Estate Investment announced that it has recovered provision amounts to KWD2.2 million ($3.4 million) after settling all the legal disputes with International Investment Group Co.

The company noted in a bourse statement, that such amount will be reflected at the company's financial statements for the fourth quarter of 2014.

The company's financial statements for the first nine months of 2014 have reflected KWD139.3 thousands net profit in comparison to KWD260.5 thousands for the corresponding period of previous year, with increase by 138.6%.