Mubasher: Amwal International Investment announced that its board members approved the offers presented to sell assets in the company’s investment portfolio, including Al Shamel International Holding and other companies.

The board members of Boursa Kuwait-listed Amwal approved the expansion plans in the UAE through agreements with Shuaa Capital, listed on the Dubai Financial Market (DFM) and Noor Capital Markets for Financial Brokerage Co, according to a bourse disclosure on Thursday.

It is noteworthy that Amwal owns an equity of 5% in Noor Markets.