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Real Estate

The value of the transaction amounts to KWD 2.1 million
2 November 05:16 PM Al Arabiya Real Estate to sell entire stake in Egypt's Sharm Dreams
Mubasher: Al Arabiya Real Estate, listed on Boursa Kuwait, has reached an agreement to sell its entire stake in Egypt's Sharm Dreams for Real Estate Development Co, amounting to 5.47 million shares, for KWD 2.1 million (EGP 110 million).  A total …
The Manama-based firm acquired the 17-story property in Baltimore
31 October 01:12 PM GFH acquires multifamily residential property in US for $90m
Mubasher: GFH Financial Group has boosted its multifamily residential portfolio in the US after acquiring the third asset, a luxury high-rise in Baltimore, Maryland, for $90 million. The deal diversifies the company's US assets and comes amid …
The Company has achieved profits of KWD 150,000 from the transaction
10 December 2020 03:44 PM National International Holding's unit sells property for KWD 2m
Mubasher: One of the wholly-owned subsidiaries of National International Holding Company has completed a real estate sale transaction at a total value of KWD 2.25 million ($7.4 million). The property was among the investment properties owned by …
Mabanee turned to losses in Q2-20
4 August 2020 09:57 AM Mabanee’s profits shrink 94% in H1-20
Mubasher: The net profits of Mabanee Co plunged by 94.4% on a yearly basis during the first half (H1) ended on 30 June 2020, reaching KWD 1.56 million ($5.11 million) from KWD 27.8 million ($91.11 million) in H1-19 The drop in H1-20 earnings is …