An unknown buyer agreed to acquire an unknown stake in Sharm Dreams For Real Estate Development from Al-Arabiya Real Estate Company K.S.C.P. for KWD 2.1 million.

An unknown buyer agreed to acquire an unknown stake in Sharm Dreams For Real Estate Development from Al-Arabiya Real Estate Company K.S.C.P. (KWSE:ARABREC) for KWD 2.1 million on November 2, 2021. The consideration will be paid for 5.47 million shares of Sharm Dreams. Pursuant to transaction, Al-Arabiya will dispose of entire remaining stake in Sharm Dreams.