Kuwaiti educational investor EDU gets $34.5m from KSA exit

Kuwait-Mubasher: Educational Holding Group (EDU) got KWD 10.5 million ($34.5 million) from divesting its full stake in Saudi Arabia’s Advanced Educational Company.

However, the Kuwaiti company said on Tuesday that a loss worth about KWD 364,680 will be registered in the financials of the second quarter for FY 2015/2016. 

Mubasher Contribution Time: 05-Jan-2016 06:49 (GMT)