National Bank of Kuwait and Hamra Real Estate Company signed an agreement Saturday worth KD 108 million, by which NBK is to finance the Hamra real estate project in Al-Meqwa area.
According to kUNA, NBK Corporate Banking Group Director General Sheikha Al-Bahar told reporters, after the agreement was signed, that the new project would contribute to the architectural development and enhancement of Kuwait City.
For Al-Hamra company, Deputy Board Chairman Khaled Al-Uthman said the project is among the biggest in Kuwait and would stretch over an overall area of 22,000 square meters where Firdous Cinema used to stand.
