Shareholders in the Oula Investment Company on Monday agreed, in a general assembly session, to raise the company's assets from KD 31.1 million to KD 41.5 million, Kuna reported. The company's Chairman of the Board of Directors, Mohammad Al-Alloush recalled that the first Oula Real Estate Investment company was launched with basic assets of KD 23.42 million, 50 percent of which assets were paid in advance.
The new real estate company was meant as Oula's real estate arm in Kuwait and elsewhere in the Arab Gulf.
