Kuwait-Mubasher: Munshaat Real Estate Projects has submitted an official decline of the Saudi Department of Zakat and Income Tax which claimed Munshaat’s profits that have been achieved since the company entered the Kingdom,
The tax claims are worth SAR 1.9 billion or KWD 152 million ($506 million), the Kuwiati company noted in a previous statement.
Munshaat stock rose by 3.57% to settle at 43.50 fils.
