With reference to the above mentioned subject, and the CMA regulations issued on November 9, 2015, module ten”disclosure and transparency” on the disclosure of material information.

NIC has made an agreement with one of the parties to sell two real estate properties for a total amount of KD 2.5 Million approximately.

The profit of around KD 596 Thousand will be recorded in the income statement as of 31/12/2017.