Mena Real Estate May Acquire Rasmal Holding

Mena Real Estate Co KSCP is a Kuwait-based company that operates in the real estate sector. The Company primarily provides real estate development services, as well as Sharia-compliant real estate investment products within Kuwait and abroad. It is active in land purchase, sale, reclamation, development and property management; real estate investments and surveys; import and trade of construction materials; civil, mechanical and electric maintenance works; real estate safety and security works, as well as investments in, rent and management of hotels, clubs, motels, hospitality houses, rent houses, parks, gardens, restaurants, cafeteria, housing complexes, touristic and health resorts, entertainment and sports projects and shops. The Company’s subsidiaries include, among others, Monshaat Real Estate Development Co BSCC and GDREC Real Estate Projects Company WLL.