Land deal reported in Kuwait

Published September 21st, 2005 - 08:15 GMT
Al Bawaba
Al Bawaba

The deputy director-general of Kuwait Pearl Real Estate Company, Ahmad al-Ajlan, revealed that the company accomplished on September 17 a deal worth 5 million Kuwaiti Dianrs ($17.1 million), reported the Kuwaiti newspaper, <i>Al-Rai al-Aam</i>.


The deal included four housing complexes the company had owned in al-Salimiya in exchange for 800,000 Kuwaiti Dianrs ($2.3 million), a ,500 square meter land in al-Mahbula, 4,500 square meters lands in Hadiya, in addition to a 3,200 square meter land in al-Fintass.