Mubasher: Kuwait Finance House (KFH) has denied the recent news published by Al Qabas newspaper over selling the bank’s stakes in Al Enmaa Real Estate, according to a bourse statement issued on Monday.

The bank added that it is still receiving different offers from investors to purchase its stake in the Gulf Investment House (GIH); KFH has not yet determined the best offer.

Earlier on Monday, Al Qabas published that a well-informed source revealed that KFH has received an offer to purchase its 55.6% stake in Al Enmaa Real Estate.

At the stock level, KFH started Monday’s session 0.17% lower at 603 fils.