Al-Buyout Investment Group Holding Company announced in a disclosure to Boursa Kuwait on Tuesday, May 13, 2025, that its subsidiary, Real Estate House Company, has successfully renewed its general banking facilities agreement with Kuwait Finance House (KFH) with a total value of KWD 26,727,000 (twenty-six million, seven hundred twenty-seven thousand Kuwaiti dinars).

As part of the renewal, the cash facilities were increased by KWD 1.6 million to support the company’s ongoing projects. In addition, KFH granted the company KWD 2 million in non-cash facilities to enable participation in new BOT (Build-Operate-Transfer) project bids.

The agreement also includes a reduction in financing costs on all cash facilities—from 2% to 1.4% above the Central Bank of Kuwait’s discount rate. Moreover, the commission charged on the issuance of letters of guarantee was cut from 1.5% to 0.75%.

The facilities are jointly guaranteed by Al-Buyout Investment Group Holding Company.