Mubasher: Kuwait Finance House (KFH) on Wednesday denied news reports circulated on social media that it had received an offer for selling its stake in Al Enmaa Real Estate Company.
Kuwait's second-biggest lender by assets owns a stake of 55.67% in Al Enmaa’s capital, which amounts to KWD 45.05 million divided into 450.5 million shares.
By 10:10 am Kuwait time, Al Enmaa’s stock rose 4.35% at 36 fils.