Kuwait - KAMCO Investment Company signed a KWD 5 million credit facility agreement with a Kuwaiti bank.
The facilities will be used in financing the company’s current and future activities, according to a bourse filing on Thursday.
KAMCO eyes to complete its draft merger with Global Investment House with the objective of establishing the biggest entity for the non-financial sector in Kuwait.
It is worthwhile to mention that over the first half of 2019, KAMCO’s profits leapt by 163.4% to KWD 1.11 million when compared to the corresponding period in 2018.
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