Friday 22 March 2019
National Real Estate Company

NREC wins approval to convert Agility loan into equity

National Real Estate Company (NREC) said it has won approval from shareholders to convert the KD31-million ($101.7 million) loan taken from Agility Investment Holding Limited Company into 272.8 million shares in the company's share capital a


Kuwait NREC plans bonds sale

Kuwait's National Real Estate Company (NREC) is looking to sell conventional or Islamic bonds to reschedule debt, its chief financial officer said. NREC, which owns a 22.4 per cent stake in Kuwaiti logistics firm Agility, is also tryin

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