Kuwait’s Amwal to consider expansion in UAE

Mubasher: Amwal International Investment announced that its board members will discuss expansion plans in the UAE during its meeting on Wednesday, 12 December.

Amwal plans to enlarge its business in the UAE through agreements with Shuaa Capital and Noor Capital Markets, the Boursa Kuwait-listed company disclosed on Wednesday.

Furthermore, Amwal’s board members will consider offers to sell its assets in Amwal’s investment portfolio in Al Shamel International Holding and other entities.

Amwal will also discuss forming a new board of directors, including the appointment of a chairman and its deputy.

Mubasher Contribution Time: 12-Dec-2018 08:36 (GMT)
Mubasher Last Update Time: 12-Dec-2018 09:15 (GMT)