NIC management announces partial exit from its strategic stake in Kuwait Al Areen Real Estate Company. The proceeds of this transaction amounted to KD 5 million. NIC will record during the third quarter total realized gain of KD 596,409 which will further enable the company to continue maintaining a strong finance position. The partial exit of NIC’s stake in Al Areen is in line with the strategic action plan launched by the management in the second quarter of 2012.


Comments are disabled.