Al Safat Real Estate Co. KSCC acquired a plot of land measuring 194,250 square meters in Dubaiya for KWD 3.8 million.

Effect Real Estate Company KPSC, formerly Al Safat Real Estate Co KSCC, is a Kuwait-based Shariah compliant real estate property investment, development and management company. Effect Real Estate Company KPSC operates under the following business segments: Reasl Estate, which is engaged in owning, buying, selling, developing and managing real estate, as well as Investment Management, whic is responsible for investing surplus funds in portfolios, incorporate or acquire subsidiaries and associates and maintain enough capital requirement for the Company. Furthermore, Effect Real Estate Company KPSC offers real estate business consulting services and organizes real estate exhibitions and auctions.