Kuwait-Mubasher: Al Imtiaz Investment Group will slash KWD 2.03 million ($6.73 million) of its debts using a financing lease contract with a local bank, according to a bourse statement.
The mutual agreement will decrease the company’s debts to KWD 17.97 million ($59.54 million) from KWD 20 million ($66.26 million).
On the Kuwaiti bourse, Al Imtiaz ended Monday’s session with a rise of 1.41% to 72 fils, after about 871,700 shares were exchanged with a value of approximately KWD 62,800.
