An undisclosed buyer signs initial deal to acquire 20 storeys under construction building from Injazzat Real Estate Development Company K.P.S.C. for KWD 6.8 million.

Injazzat Real Estate Development Co KSCP is a Kuwait-based entity which is primarily engaged in investment and real estate activities. The Company's activities are organized into two main segments which include Domestic and International. Domestic segment concentrate in Kuwait and International segment concentrates in Kingdom of Bahrain, United Arab Emirates (UAE), Saudi Arabia, Qatar, Europe and United States of America (USA). The Company's real estate investments and projects include property investments, office tower developments, owned and operated residential properties, retail developments, mixed-use commercial development, hospitality, and entertainment properties.