KUWAIT: Nour Real Estate (NRE)’s Board Chairman and CEO, Bader Al-Rabea’a said that the company made a KD 1,454,129 net profit in the fiscal year ending December 31, 2014, an increase of 24.4 per cent compared to 2013. He noted that the company’s total assets increased by 11 per cent compared to 2013.
Accordingly, NRE’s board of directors recommended distribution of 5 per cent cash dividends to shareholders. Al- Rabea’a said that NRE was currently planning to expand its operations making use of various available investment opportunities with the ultimate goal of achieving more revenues.
