NREC wins approval to convert Agility loan into equityNational 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 More… |
Kuwait NREC plans bonds saleKuwait'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 More… |