Kuwait – Mubasher: International Financial Advisors (IFA) received a notification from IFA Hotels and Resorts that a subsidiary in Dubai has sold a project worth AED 39 million ($10.62 million).
The sale deal will generate a profit standing at AED 19.53 million ($5.32 million), according to a bourse statement to KSE.
The financial impact from this deal will reflect on the financial statements for the third quarter of 2016.
