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FinancialNews


  • 13-10-21

    Kuwait's Al Safat settles USD198.8M worth of debts with 5 different parties

    (MENAFN)CNBC Arabia quoted chairman Abdulla Alterkait as saying that Kuwait's Al Safat Investment Company established 60 million dinars (USD198.8 million) value of debts with 5 different parties.

    The official further declared that the company settled 85 cases filed against the company, with a rate surpassing 80 million dinars.

    Alterkait also said that a number of investments that were affected in the previous period were departed.

    He added that the company has more than USD150 million value of assets under management.

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