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Al Madina moves to reduce debt to Boubyan Bank

In a statement to the local bourse, Kuwait-based  Al Madina For Finance and Investment reported that it has agreed with Boubyan Bank to settle a debt of KWD 10 million ($35.9 million) in exchange for some of its assets. The statement said that Al Madina has sold a plot of…

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Click here to read the full story: CPI Financial

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