Wednesday, 27 October 2021 10:29 GMT

Kuwait's Al Safat settles USD198.8M worth of debts with 5 different parties


(MENAFN)CNBC Arabia quoted chairman Abdulla Alterkait as saying that Kuwait's Al Safat Investment Company established 60 million dinars (USD198.8 million) value of debts with 5 different parties.

The official further declared that the company settled 85 cases filed against the company, with a rate surpassing 80 million dinars.

Alterkait also said that a number of investments that were affected in the previous period were departed.

He added that the company has more than USD150 million value of assets under management.


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