A financial institution made an offer to acquire an unknown minority stake in Arkan Al-Kuwait Real Estate Company K.S.C.P. (KWSE:ARKAN) from Gulf Investment House K.S.C.P. (KWSE:GIH) for KWD 5.5 million on December 16, 2018. As part of transaction, Gulf Investment House will sell its entire stake in Arkan Al-Kuwait. The offer has been approved by the board of Gulf Investment House.

A financial institution cancelled the acquisition of an unknown minority stake in Arkan Al-Kuwait Real Estate Company K.S.C.P. (KWSE:ARKAN) from Gulf Investment House K.S.C.P. (KWSE:GIH) on December 16, 2019.