AL NAWADI EXIT

Stock Market Disclosure

Settlement agreement with the subsidiaries of Nakheel Company (Dubai)

Arbitration btw Mazaya holding and kuwait business town .

change of ownership in 1st Dubai Real Estate Company

Al Mazaya Holding achieves 100% occupancy rate in its three flagship towers in the heart of Kuwait’s capital

Mazaya Holding is allowed to buyback and re-sell shares (not more than 10% of its shares)

Conclusion of a contract with one of the Islamic facilities in United Arab Emirates banks

Oblige Kuwait Business Town Real Estate Company in the amount of compensation benefits Of KD 837.806

A subsidiary of Al Mazaya signed a KD 3,260,000 contracting contract with a Kuwaiti Contracting Company