Kuwait
House of Securities, listed on the Kuwait Stock Exchange, has signed an agreement to own and develop a real estate project in partnership with Assas Makin Real Estate Development and Investment Company, and other partners, through which land is acquired and developed by residential units in the capital of Saudi Arabia, Riyadh.
She stressed that the financial impact of the agreement is to increase the value of investments by 700 thousand Kuwaiti dinars for cash, according to the statement of the "House" of the Kuwait Stock Exchange, on Monday.
It is noteworthy that Al-Bayt turned to profitability in the first half of the current year 2026 at a value of 729.62 thousand dinars, compared to the losses of the corresponding period of 2025 of 436.32 thousand dinars, according to the latest data announced.
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