Land deal in Kuwait

Published October 6th, 2005 - 08:28 GMT
Al Bawaba
Al Bawaba

The deputy director general of Kuwait's Pearl Real Estate Company, Ahmed Al-Ajlan, has announced that the company accomplished on October 1 a sale transaction of 24 land plots in Al-Aqila area by a total value of KD2.38 million ($8.2 million), reported the Kuwaiti newspaper Al-Rai Al-Aam on October 2.

 

The company gained KD140,000 ($479,435) profits out of this deal. The total area of the sold land plots amounted to 10,710 square meters.