Al Qudra holding and Al Safat join forces

Al Qudra Holding has signed a Memorandum of Understanding with Al Safat Investments of Kuwait for the development of new projects.

Al Qudra Holding has signed a Memorandum of Understanding with Al Safat Investments of Kuwait for the development of new projects.

Al Safat Investments of Kuwait previously announced its ownership of 10% of the shares of Al Qudra Holding - a deal which is estimated at US $163 million (AED 600 million).

Joint projects are expected to be announced in the near future.

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