Gulf Investment House and its subsidiary, Gulf Real Estate Development House Company, have fully divested their shares in a local unlisted real estate company.
According to the company’s statement to Boursa Kuwait today, Sunday, the divestment involved the sale of 20,256,176 shares with a total value of KWD 1,721,775, representing 28.05% of the company’s capital.
The company stated that the financial impact of this transaction is a profit of KWD 137,508, which will be recorded in the fourth quarter of 2025.