Kuwait-Mubasher: Al Deera Holding is currently in negotiations to pay off a syndicated loan that is worth KWD 17.36 million ($57.73 million), according to a recent statement.

The Kuwaiti company clarified that the financial impact from the deal will be determined once an agreement with the negotiating banks is reached.

Al Deera stock reached 35 fils during the mid-session on Sunday, after around 610,000 shares were exchanged at KWD 21,500.