KIB announced in a disclosure today, Monday, April 21, 2025, to the Boursa Kuwait that its board has given final approval for its 73.6%-owned subsidiary, the ALDawly Takaful Insurance Company, to complete the acquisition of an investment property - the Gravity Tower - for approximately 7 million Kuwaiti Dinars from the Arab Investment Company.
Work is underway to complete the necessary procedures for the signing of contracts by the International Takaful Insurance Company and to finalize the transfer of ownership