GulfBase Live Support
17/05/2011 00:00 AST
Kuwait's National Real Estate Company (NREC) said it has no current plans to sell its stake in logistics firm Agility, refuting a newspaper report on Monday. "NREC's investment in Agility is considered one of the most important strategic investments for the firm, and there is no intention to exit it currently," NREC said in a statement on the Kuwaiti bourse website on Monday. A Kuwaiti daily said that NREC, which owns a 22.4 percent stake in Agility according to bourse data, was considering a stake sale and had hired a European bank to study the matter.
For more on this Click Here
Agencies
16/08/2016
National Real Estate Company (NREC), a leading regional asset manager and developer with development projects exceeding $1 billion in both Egypt and the UAE, today released its financial results for
Arab Times
16/05/2016
National Real Estate Company (NREC), a leading regional developer with development projects exceeding $1 billion in Egypt and the UAE, announced first quarter net profits of KD 3.6 million, an increa
Arab Times
01/06/2011
Kuwait's National Real Estate Co. (NREC) is looking to sell conventional or Islamic bonds to reschedule debt, its chief financial officer said.
NREC, which owns a 22.4 percent stake in Kuw
Reuters
Ticker | Price | Volume |
---|
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman