Kuwaiti Developer Aqarat's Board Approves 15% Capital Increase
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Kuwaiti developer Aqarat to raise capital by 15%
Expansion plans Projects in Kuwait and UAE Share price up 49% A listed Kuwaiti developer is planning to boost its capital by 15 percent to fund expansion. Kuwait Real Estate Company, known as Aqarat, said its board would meet on Wednesday to approve procedures for the increase. The company is working on major projects in Kuwait and the UAE – and both countries’ real estate sectors are forecast to surge this year. The Aqarat board endorsed the ex…
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