Kuwait – Mubasher: Kuwaiti listed Manazel Holding said one of its units has submitted an offer to enter a venture with a reputable Egyptian real estate developer to establish real estate project.
The project is located in East Cairo across 100 acers.
Manzel noted that its offer was accepted and it is working on finishing the needed procedures to sign the contract.
Manzel suffered KWD 3990250 losses in the second quarter of 2016, against profits of KWD 2,390 for the same period of the previous year.